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Director / Editor: Victor Teboul, Ph.D.
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Oil Prices Fall to 7-year Low; Stocks Falter

Crude oil prices fell to their lowest level since 2009 in Tuesday's global trading. The latest in a long string of price plunges follows Friday's meeting of the Organization of Petroleum Exporting Countries that failed to reach a consensus to cut oil production. They might have raised prices by limiting supplies. Experts say current oil supplies are significantly higher than oil demand. That oversupply is expected to grow even more as Iran, one of the world's largest oil...


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