Aug
29
Crude oil at lowest price for six weeks
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Crude oil prices including red diesel have fallen to their lowest price for six weeks, at a time when the US dollar is experiencing strengthening, but global equities markets have seen notable declines. Investors also remain nervous about the future of the oil industry and the extent to which the global economic recovery from the recession is taking hold.
The Brent crude oil company reported falls of $1.15 dollars to $74.15 a barrel on London’s ICE Futures Europe exchange. Meanwhile, More
