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EUROPE

Oil suffers overnight

OIL had a shocker overnight, with West Texas Intermediate closing more than 4% down to finish at $88.14 per barrel.

James McGrath

Brent didn't fare much better, closing more than 3% down at $108.17/bbl. Much of the downward pressure on WTI was hit by shrinking gasoline forward. US November RBOB gasoline futures retreated a second...

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