Oil dives below $75 US a barrel on supply worries - Calgaryn.com

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Oil dives below $75 US a barrel on supply worries

11-14-2014, 12:34 AM

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Oil dives below $75 US a barrel on supply worries

Oil was plunging on world markets Thursday, diving below $75 for the first time in three years, as traders focused on rising production and lower global demand. The oil-sensitive Canadian dollar dropped by half a cent to below 88 cents US.

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