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Crude Oil Falls for a 5th Day on US Economic Concerns, Inventory Gains

Although yesterday’s economic data was concentrated in the Eurozone, the market continued to worry more about the situation in the US. While Wall Street climbed higher in early trading as Chicago Fed’s National Activity Index rebounded +0.7 points to 0 in July, gains were soon erased with DJIA and S&P 500 Indices plunging -0.38% and -0.40% respectively.

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Crude Oil Falls for a 5th Day on US Economic Concerns, Inventory Gains

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