Oil prices near $35 on more dour economic news
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Crude prices tumbled Wednesday following a string of economic reports that painted an ugly picture of the US economy, suggesting that demand for energy will continue to erode.
Light, sweet crude for February delivery fell $3.63 to settle at $35.35 a barrel in a shortened day of trading. Prices fell as low as $35.13 just before the market closed for the holiday. (AP)
