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Oil extends drop, falling towards $75, on demand worries - CNBC
CNBC | Oil extends drop, falling towards $75, on demand worries CNBC Oil fell towards $75 a barrel to its lowest since late August on Wednesday, pressured by concern that demand is weakening and supply ample even as U.S. sanctions loom on oil exporter Iran. In a sign supply is plentiful, industry group the American ... Oil extends declines as Saudi Arabia commits to meet demand Oil prices tumble 5% as Saudis pledge to produce as much as they can Oil is taking a beating today, shedding more than $3 |
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