Reuters: Oil falls below $60 to 20-month lows as demand slows

[chris]

Oil falls below $60 to 20-month lows as demand slows
      

PERTH (Reuters) - Oil fell below $60 a barrel for the first time in 20 months on Friday, extending its overnight drop of 7 percent, as spreading economic gloom further dampened the outlook for energy demand.</p><div class="feedflare">
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