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Oil Prices Fall

What Really Caused Oil's Record Drop?

Posted 07.09.2011 | Business

NEW YORK (Reuters) - When oil prices fell below $120 a barrel in early New York trade last Thursday, a few big companies that are major oil consumers ...

Oil plunges to 13-month low on global slowdown

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — The stunning collapse in oil markets accelerated Friday, sending a barrel of crude plunging below $78 as investors grow more pessimis...