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Crude futures close lower for the first time in 7 sessions

SAN FRANCISCO (MarketWatch) — Crude futures closed lower Monday after climbing more than $13 a barrel since May 1. Global and domestic suppply issues and movements in the dollar have been key issues for the oil market. June crude closed at $124.23 a barrel, down $1.73, or 1.4%, for the session.
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Original post by Forextvblog

This entry was posted on Monday, May 12th, 2008 at 3:11 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.