Oil falls below $85 as Fed warns of economic risks
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Oil prices fell below $85 a barrel Thursday in Asia, extending losses from the previous session after the US central bank warned of major risks to economic growth.
Benchmark oil for November delivery was down $1.35 at $84.57 at midday Singapore time in electronic trading on the New York Mercantile Exchange. Crude dropped $1.00 to settle at $85.92 on Wednesday. (AP)
