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Crude Oil Price Plummet For The 3rd Time

On the worldwide marketplace, crude oil costs went down more than 1 dollar Tuesday, dropping for a third straight session.

Global benchmark crude oil futures were actually at 58.62 dollars for each barrel Tuesday, came down 1.66 per-cent from their previous close.

Investors express concerns regarding future oil demand amidst deteriorating international economic progress and also uncertainties over the overall performance concerning organized production cutbacks led through the Association of Oil Exporting Countries, in addition to pushed crude oil rates.

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