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Oil slumps but OPEC not worried

PERSISTENT worries over European debt and falling global stock markets saw the oil price start th...

Marija Stojkovic
Oil slumps but OPEC not worried

New York’s Western Texas Intermediate dropped to $69.89/bbl on Monday and continued to decline, shedding $1.14 to settle at $68.75/bbl yesterday. Singapore’s Tapis also followed the downward trend, dropping...

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