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Crude drops by over $3/bbl to $116.65/bbl

Published on Fri, Aug 08, 2008 at 19:25 , Updated at Fri, Aug 08, 2008 at 19:29
Source : CNBC-TV18

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Crude drops by over USD3 per barrel to USD116.65 per barrel.

Earlier, crude had ended its three-day losing streak and topped USD 120 a barrel as Turkey said a pipeline carrying crude to the Mediterranean from Azerbaijan may remain shut for two weeks following an explosion on August 5.

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