Halting a two day fall, crude oil prices have recoiled near US$$61 a barrel in Asia. But, oil prices do seem to be very precariously poised for another steep fall as evidence of a severe U.S. recessioon continues.
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Friday, November 07, 2008
Crude recoils after dipping to 19 month lows on signs of shrinking demand amid a global economic slowdown
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