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Archive Home > 2009 > July > 10 > Fast-falling oil prices dim hopes of recovery

Fast-falling oil prices dim hopes of recovery

By Jad Mouawad / The Bulletin
July 10, 2009

Oil prices briefly fell under $60 a barrel Thursday after nearly two weeks of uninterrupted declines, as traders and investors acknowledged that a global economic recovery would take longer than hoped.

At the end of a volatile trading session, crude oil futures pared their losses, settling at....

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