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    Oil Tumbles 12 Percent as US Supplies Rise More Than Forecast - Bloomberg

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    Oil Tumbles 12 Percent as US Supplies Rise More Than Forecast
    Bloomberg - 32 minutes ago
    By Mark Shenk Jan. 7 (Bloomberg) -- Oil futures tumbled 12 percent, the most in more than seven years, after a US government report showed bigger-than-expected increases in supplies of crude oil, gasoline and distillate fuel as consumption dropped.
    Oil tumbles 12% on still-growing supply CNNMoney.com
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