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Home>UPDATE: Oil plunges to five-year low amid fears of growing glut

UPDATE: Oil plunges to five-year low amid fears of growing glut

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Fri, 28 Nov 2014

By Claudia Assis, MarketWatch , Eric YepOil registers steepest one-month decline, 18%, since 2008 SAN FRANCISCO (MarketWatch) --Oil futures on Friday settled at their lowest in five years as the Organization of the Petroleum Exporting Countries' decision to keep crude production the same heightened
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