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Pvm Oil Associates

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Oil drops below $59 for first time since 2009

Oil fell below $59 a barrel for the first time since May 2009 on Tuesday, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to......

Crude oil touches $60 mark

Crude oil futures again flirted with the $60 a barrel mark Friday as prices rose on speculative buying and fears of supply disruptions due to refinery glitches.Analysts said the bullish momentum......

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