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Oil settles below $39 a barrel for the first time since Feb. 2009 - MarketWatch

Oil settles below $39 a barrel for the first time since Feb. 2009
MarketWatch
These are “epic times in the oil market,” said Matt Smith, director of commodity research at ClipperData. Still, “while the market does look weak from a fundamental perspective, sub-$40 [Nymex] oil means a lot of bad news is being priced in,” he said ...

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