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MARKET WATCH: NYMEX, Brent crude oil prices plummeting on stronger US dollar

08.12.2014 / Energyboardroom

Oil prices plummeted on the New York and London markets Dec. 5 and continued downward in early Dec. 8 trading. Analysts noted both US light, sweet crude oil prices and Brent crude oil prices appeared headed toward 5-year lows as the US dollar strengthened.

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