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Home>Oil in Bear Market; U.S. Rig Count and BOJ Decision in Focus

Oil in Bear Market; U.S. Rig Count and BOJ Decision in Focus

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Fri, 29 Jul 2016

By Jenny W. Hsu U.S. crude oil prices entered bear-market territory in early Asian trade Friday as a deluge of oil and refined products in the market triggered selloffs. On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at $41.06 a barrel at 0300 GMT,
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