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Thursday, December 18, 2008

Crude Oil fell below US$40 per barrel

Crude Oil price has fell below US$40 per barrel mark on 18th Dec 2008. The crude oil is currently traded at US$38.49 per barrel.

This is a the lowest price since July 2004. Analyst expects the oil will fall below US$35 per barrrel in the near future. 

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