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Friday, November 21, 2008

Crude Oil Tumbles to Lowest Since May 2005 as Consumption

Crude Oil Tumbles to Lowest Since May 2005 as Consumption
bloomberg.com — Crude oil fell below $49 a barrel in New York for the first time since May 2005 as a recession in the U.S., Europe and Japan cut global energy.

Well Globalisation means exactly that: Global disaster...
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