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Saturday, June 25, 2011

Oil Prices Plunge as US, Europe Tap Strategic Reserves

Oil Prices Plunge as US, Europe Tap Strategic Reserves
Kevin G. Hall, McClatchy Newspapers: "Oil prices dropped sharply Thursday on news that the U.S. and Europe will sell 60 million barrels of oil from their strategic reserves over the next 30 days, a move experts called an important policy shift that should help restrain volatile energy prices."

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