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US oil enters bear market - Financial Times
Financial Times | US oil enters bear market Financial Times US crude prices closed in a bear market on Thursday, extending a rout driven by easing concerns of tight global supplies. Oil prices have tumbled over the past month, with US prices retreating for nine consecutive sessions, amid signs of weaker demand ... US crude closes in bear market territory, settling at $60.67, down 21% from 52-week high Oil ends lower for a ninth straight session and enters a bear market US Oil Enters Bear Market on Rising Inventories, Worries of Oversupply |
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