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Oil prices fall on fresh worries about economy

Published: 10.19.12, 21:45 / Israel News

The price of oil fell 2.2% Friday after disappointing US corporate earnings and a drop in existing home sales sparked worries again about the global economy.

 

Benchmark oil fell $2.05 to finish at $90.05 per barrel in New York. Brent crude, which is used to price international varieties of oil, dropped $2.28, or 2%, to end at $110.14 per barrel in London. (AP)

 

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