Oil prices fall to lowest level since October
New York oil markets slid on Friday to the cheapest level since October as weak US energy demand drags on prices. Exxon Mobil chief Rex Tillerson said prices would be lower if based only on supply and demand amid a weak dollar.
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New York
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Energy Information Administration
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Stephen Schork
Phil Flynn
Pfgbest
New York Mercantile Exchange
Exxon Mobil
Rex Tillerson
EIA
U.S
AAA
Wright Express
Oil Price Information Service
Nymex
Weak dollar unlikely to fix trade gap says economists
A government report shows the September trade deficit rose 18.2 percent to 36.5 billion dollars as imports climbed 5.8 percent led by oil, while exports rose about 3 percent. Economists warn the weak dollar may boost exports by late next year but won’t curb the deficit soon.
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Treasury Department
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U.S
Julia Coronado
BNP Paribas
Commerce Department
Nigel Gault
IHS Global Insight
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