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Crude Oil $94.53      $-7.86
  
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Commodities Markets Update

Crude Oil Falls Below $39
Jan 12, 2009 8:30 AM ET
Crude oil futures for the immediate month delivery fell after Saudi Arabia lowered its production target below OPEC-agreed target by 300,000 barrels a day. Oil traded as low as $38.20 a barrel in the morning trading but March and April months futures are trading at 15% and 20% premia. >>



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