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US Oil Enters Bear Market on Rising Inventories, Worries of Oversupply - Wall Street Journal
Wall Street Journal | US Oil Enters Bear Market on Rising Inventories, Worries of Oversupply Wall Street Journal Bear Market: A bear market generally is defined as a 20% decline from a recent peak, which in the case of the U.S. crude oil benchmark was a four-year high of around $76 a barrel reached on Oct. 3. Prices have fallen steadily since then, fueled by a U ... |
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