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Oil heads for biggest monthly drop this year amid global glut

2015-07-31 08:57:36| Oil & Gas - Topix.net

Oil headed for its biggest monthly drop this year amid speculation a global supply glut that drove prices into a bear market will persist. Futures slid as much as 0.8 per cent in New York and are down 19 per cent in July.

Tags: year global monthly oil

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