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Oil Plunges To $28 Cycle Lows As Iran Supply Looms, Stocks Slide
February
WTI Crude futures have plunged to new cycle lows at $28.60 as
Iran supply looms over an already over-glutted global crude market.
Brent is down even more. Dow
futures are down 50 points at the open.
- *WTI OIL FALLS AS MUCH AS 2.7%, BRENT CRUDE DROPS 3.7%
Weighing
on US equities...
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