WTI drops amid signs of global economic slow-down

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Source: Bloomberg
© Scanpix/RS
West Texas Intermediate oil declined for the fourth straight session on Friday completing the largest streak of drops in more than a month amid signs of global economic slow-down and as U.S. fuel supplies increased. WTI for July settlement slipped 49 cents to $93.76 a barrel on the NYMEX and was traded at $93.85 by 3:26 p.m. in Sydney.

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Fri, 24 May 2013 09:39:33 GMT

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