Live Crude Oil Prices, Trading Oil Futures And Crude Oil News - Oil falls $6 as dealers eye weak U.S. demand

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Oil falls $6 as dealers eye weak U.S. demand

Crude oil prices fell more than $6 on Wednesday on concerns that a big U.S.-led economic slowdown could further undermine global energy demand. The steep losses come in the midst of a volatile week in commodity and equity markets as dealers try to weigh signs of recession against aggressive interest rate cuts by the U.S. Federal Reserve to counter a liquidity crisis.

Topic: Oil News Stories

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