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Oil prices sink on supply glut fears - RTE.ie
RTE.ie | Oil prices sink on supply glut fears RTE.ie Oil prices have extended a sharp plunge today to hit the lowest levels in more than one year on fears of a global supply glut. Benchmark oil contract, Brent North Sea, tumbled under $60 per barrel and New York's WTI dived more than seven percent to $50.63. |
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