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Tag: Oil Prices

Posted inWorld News

Oil prices fall on profit-taking, rate hike uncertainty

by Indo American NewsAugust 31, 2015

Oil fell below $49 a barrel on Monday after its biggest two-day rally in six years last week, pressured by a supply glut and renewed concern about a hard landing for China’s economy. International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen […]

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