Oil prices move ever closer to yearly lows
New York (UPI) Aug 7, 2015 - Oversupply fears continued to drag on crude oil prices, which dipped into negative territory Friday after the release of U.S. labor figures for July. Brent crude oil prices moved ever closer to the low point for 2015, losing 1 percent in early Friday trading at $49.01 per barrel. Brent traded at $45.13 on Jan. 13 and rallied to $66.33 in mid-May. West Texas Intermediate, the U.S. ... more
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