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Reuters: Oil steady at $40 after 4-year low on demand gloom

Started by chris, December 18, 2008, 03:59:34 AM

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chris

Oil steady at $40 after 4-year low on demand gloom
      


SINGAPORE (Reuters) - Oil steadied around $40 a barrel on Thursday, near its lowest in more than four years, as further evidence of slowing demand trumped OPEC's biggest ever production cut.<div class="feedflare">
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