Oil dips below $90 amid concerns of supply outstripping demand
West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand. Brent, Europe’s benchmark, headed for a bear market.
http://www.bloomberg.com/news/2014-10-02/wti-crude-slips-below-90-for-first-time-in-17-months.html
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West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand. Brent, Europe’s benchmark, headed for a bear market.
http://www.bloomberg.com/news/2014-10-02/wti-crude-slips-below-90-for-first-time-in-17-months.html
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