Crude Oil Falls On Growth Outlook –

Crude oil fell $1.23 and closed at $86.65 a barrel.  The weak economic outlook has lowered demand forecasts in a market that is already well supplied.  In addition, GDP for European zone economies only grew .2% in the second quarter.  The U.S. Dollar also increased in trading which sent the price of crude lower today. 

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James Sutliff

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