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Reuters: Oil eases below $39, down more than 60 percent in 2008

Started by chris, December 31, 2008, 05:59:29 PM

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Oil eases below $39, down more than 60 percent in 2008
      


LONDON (Reuters) - Oil eased below $39 a barrel on Wednesday, heading for a fall of more than 60 percent in 2008 as the global economic slowdown bit deep into energy demand and the latest U.S. inventory data showed further rises in fuel stocks.<div class="feedflare">
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