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US Crude Oil Price: 1 August – 31 August

US Crude Oil Price: 1 August – 31 August 2010

Oil price slumped over August, sliding from around USD $83 at the beginning of August, to USD $71.74 at the closing of the month. It seems that a weak demand in stocks and commodities throughout August was the leading cause for a bearish downtrend to the overall market sentiment.  Reassurance by Ben Bernanke’s speech given on 27 August […]

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