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Oil Falls $3 After US Credit Rating Downgrade

August 07, 2011

Crude fell $3 a barrel in early Asian trade on Monday after Standard & Poor's downgraded the United States' top-tier credit rating, raising concerns on the outlook for demand in the world's top oil  consumer.  

Source: http://www.cnbc.com/id/44053679?__source=RSS*tag*&par=RSS
 
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