Friday, 19 August 2011

Oil falls to near $81 a barrel in Asia, extending losses fueled by global slowdown fears

SINGAPORE - Oil prices fell to near $81 a barrel Friday in Asia, extending a sell-off fueled by investor fears that a slowing global economy will undermine demand for crude. Benchmark oil for September delivery was down $1.07 to $81.28 a barrel at late afternoon Singapore time in electronic trading ...

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