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Continental Resources (CLR) Stock Tanking on Retreating Oil Prices

2015-07-06 19:35:16| Electronics - Topix.net

The commodity's price is being driven into the red as a result of growing concern regarding Greece's ability to stay in the euro, China's stock market trouble and the possibility of increased oil exports out of Iran if Western sanctions are lifted. Greece's "no" vote on whether to accept bailout terms has placed doubts in the debt riddled country's ability to remain in the euro, causing the currency to drop against the dollar.

Tags: resources stock prices oil

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