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US crude oil dives 6% to fresh one-year low as stock market slides

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Oil prices fall to a new one-year low amid concerns about rising global supplies and growing fears of an economic slowdown.

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News worthy story: why gasoline costs the same at the pump at $56 a barrel as when oil traded for $90. GasGouging

Hmmm.

For countries like India and China great news. Now trade will be emerging markets positive.

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