Benchmark oil for September delivery dipped to US$87.4 on the Nymex. In London, Brent crude for October delivery dipped to US$109.4 on the ICE Futures exchange. Oil prices witnessed a marginal dip to linger near US$87 a barrel, arresting a week long rally.
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Wednesday, August 17, 2011
Oil dips to linger around US$87 with the end of weeklong rally
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