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Oil prices dive on robust US crude reserves (AFP)

Car lights are seen streaking past an oil rig extracting petroleum in the Los Angeles area community of Culver City, California. Oil prices tumbled Wednesday as traders reacted to rising US crude inventories and a generally stable dollar after the latest Federal Reserve rate cut, analysts said.(AFP/Getty Images/File/David Mcnew)AFP - Oil prices tumbled Wednesday as traders reacted to rising US crude inventories and a generally stable dollar after the latest Federal Reserve rate cut, analysts said.

Original post by AFP

This entry was posted on Wednesday, April 30th, 2008 at 2:58 pm and is filed under Business. 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.

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