Crude oil slips below the $43 mark
China Daily | Updated: 2008-12-23 07:52
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A worker at Thailand's oldest commercial oil pumping site checks the controls at a temporary filtration facility at the PTT Exploration & Production Pcl (PTTEP) S1 onshore production plant in Lan Krabue, northern Thailand. Bloomberg News |
Oil fell below $43 a barrel yesterday, giving up earlier gains which were partly inspired by a weak US dollar and comments from Saudi Arabia that OPEC supply cuts will succeed in stabilizing the market.
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