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Oil down towards $79 on weak equities, firmer dollar
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Economictimes
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November 05, 2009
SINGAPORE: Oil fell towards $79 a barrel on Thursday, after a steep decline in US crude inventories sent prices up 1 per cent the previous day, as traders look to the fall in equities markets and firming dollar to take profits. The US dollar inched up as short-term investors sold into a rally in the...
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