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Crude Oil Slumped to Lowest Level in More than a Year

Sentiment was dampened as China signaled no intention to accelerate monetary easing despite slowdown in economic growth. Crude oil slumped with the front-month WTI contract falling to the lowest level since April last year while Brent crude contract plummeted to a level not seen since mid-2012.

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Crude Oil Slumped to Lowest Level in More than a Year

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