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MARKET WATCH: NYMEX crude steeply declines, natural gas climbs

20.08.2014 / Energyboardroom

The front-month crude oil price dropped nearly $2/bbl on the New York market Aug. 19 to settle at less than $95/bbl while the natural gas price for September rose on weather forecasts calling for hotter temperatures, meaning more gas-fired electric power demand.

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