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WTI crude oil falls below $40, set for lowest close since August

Discussion in 'Market News' started by ForexLive, Dec 2, 2015.

  1. ForexLive

    ForexLive Forum Member

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    The crude market is hanging by a thread The OPEC headline fakeout sparked a $1 rally but even that turned into a selling frenzy as prices have been smashed $2 lower since. The 4% decline today knocks oil to the lowest since Nov 20, when it briefly spiked below $40.

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