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Cars Blog

Oil down more than $8 in 2 days

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July 8, 2008 10:56 am
By Peter C. T. Elsworth

VIENNA, Austria -- The price for a barrel of oil fell nearly $5 Tuesday, a two-day swing of more than $8 as traders took profits and fears of a supply disruptions eased, according to the Associated Press.

But analysts warned the pullback could be fleeting.

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