U.S. Oil Enters Bear Market on Rising Inventories, Worries of Oversupply

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U.S. oil benchmark enters bear-market territory, down 20% from recent high and ending its longest bull run since 2008

 

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Manipulation of oil prices amid sanctions against Iran will lead to an oil price of $100 per barrel and above.

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U.S. oil benchmark settles lower, enters bear market
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