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Archive Home > 2008 > October > 09 > Oil hits 2008 low

Oil hits 2008 low


October 9, 2008

NEW YORK — Oil prices closed down Wednesday after touching their lowest level this year, pressured by a huge jump in U.S. crude inventories and more signs of dwindling demand. Light, sweet crude for November delivery fell $1.11 to settle at $88.95 on the New York Mercantile Exchange.....

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