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Oil tumbled below $100; eyes on Ike, Wall Street banks
Monday, September 22, 2008 www.hindustantimes.com
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Business
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Oil tumbled below $100 a barrel to a six-month low on early signs that Hurricane Ike may have spared key Gulf Coast infrastructure, although traders were cautious on Monday as they awaited status reports on more Texas refineries.
The upside for oil, which has lost about 32 percent since its peak of over $147 in mid-July, was also limited as financial woes mounted after talks to rescue Lehman Brot
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