US crude for December delivery dipped to US$80.50, while Brent crude slipped to US$78.92. Oil prices dipped from US$82 at the end of last week as the US dollar strengthened as compared to other currenncies and doubts over the pace of economic recovery halted oil’s recent rally.
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Wednesday, October 28, 2009
US dollar strengthens, oil prices dip at end of last week
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