Release of US government report that showed American crude reserves dipped 4.6 mln barrels in the week ending June 6, for the fourth consecutive week, has pushed down oil prices in Asia. New York's maain oil futures contract, light sweet crude for July delivery, dipped to US$135 after trading at almost US$137 in the morning.
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Thursday, June 12, 2008
As US crude reserves fall for fourth consecutive week, oil prices fall
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