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Oil Prices Fall To Lowest Since 2009 - New York Times
New York Times | Oil Prices Fall To Lowest Since 2009 New York Times HOUSTON — Oil prices took another sharp turn downward on Monday to levels not seen since the depths of the 2009 recession. Several international banks predicted even lower prices later this year because of an oversupplied global crude market. Here's what happens when oil prices crash – and it's not pretty for producers How low can oil prices go? Welcome to the oil market's old normal America's Going to Lose the Oil Price War |
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