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Oil Producing Countries Pummeled by $40 Crude - Wall Street Journal
Wall Street Journal | Oil Producing Countries Pummeled by $40 Crude Wall Street Journal The fall of crude prices to six-year lows in recent weeks has pummeled oil-producing countries from Venezuela to Iraq, threatening their ability to keep pumping petroleum and forcing governments to take painful measures to shore up national budgets. Oil hits near seven-year low as global glut concerns persist OPEC report drives crude oil below $37/bbl. Opec oil production accelerates in November |
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