Oil falls to $70 - CNNMoney

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Viraj
on May 22, 2010 2:42 AM | | Comments (0) | TrackBacks (0)
NEW YORK (CNNMoney.com) -- Oil prices fell around $70 a barrel, as investors remained wary that Europe's debt crisis and growing oil stockpiles will cut demand for fuel.

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Crude for July delivery, which becomes the active contract Friday, slipped 76 cents, or 1.07%, to settle at $70.04 a barrel.

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