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Reuters: Oil steadies above $36 after 4-1/2 year low

Started by chris, December 19, 2008, 07:59:18 AM

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chris

Oil steadies above $36 after 4-1/2  year low
      


SINGAPORE (Reuters) - Oil regained some ground above $36 on Friday, after falling more than 20 percent this week as OPEC's record supply failed to build a floor under prices and instead was viewed as a sign of a worsening demand slump.<div class="feedflare">
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