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Oil Sells Off as Dollar Surges Against Bearish Global Backdrop - Wall Street Journal
Wall Street Journal | Oil Sells Off as Dollar Surges Against Bearish Global Backdrop Wall Street Journal Oil prices fell sharply early Friday as the dollar surged after China announced stimulus measures to jump-start its flagging economy. The benchmark U.S. crude contract was down 94 cents or 2.1% at $44.44 a barrel on the New York Mercantile Exchange, ... Oil heads for another weekly decline on glut woes Oil rises after China interest rate cut Oil prices rise, but stronger dollar lurks in the background |
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