Crude oil falls for fifth consecutive day on disappointing economic data

06-Jul-10
Crude oil futures have fallen to US$72 levels, falling for the fifth consecutive day, on growing concerns as economic data continues to inducate a stalling economic recovery. Oil prices continue to fall, topping their steepest weekly decline since early May on investor concerns that global economic growth could slow in H2-10 and drag crude demand down with it.
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