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Archive Home > 2008 > August > 19 > Oil falls below $113 as storm threat eases

Oil falls below $113 as storm threat eases


August 19, 2008

NEW YORK — Crude prices settled below $113 a barrel for the first time in over three months Monday as Tropical Storm Fay steered clear of oil-producing infrastructure in the Gulf of Mexico.

Light, sweet crude for September delivery fell 90 cents to settle at $112.87 on the New York....

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