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The price of oil continued its fall, dropping below $62 at points earlier Wednesday.
Light, sweet crude for delivery in August fell 77 cents at $62.16 a barrel on the New York Mercantile Exchange. On Tuesday, the contract price followed days of losses by sliding another $1.12 to settle at $62.93.
Several reports are quoting analysts this morning pointing to doubts about a global economic recovery and the strengthening dollar as likely culprits for crude's fall. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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Oil *
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