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29 June, 2010

Oil Prices Plummet On Concerns About U.S. Demand

Oil prices plummet on concerns about US demand - Yahoo! Finance: "Oil prices plummeted Tuesday as ebbing consumer confidence in the economic recovery set off concerns about gasoline demand for the busy summer season.

Benchmark crude oil fell $2.31, or 3 percent, to settle at $75.94 on the New York Mercantile Exchange. Gasoline and other energy prices also retreated..."

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