Oil slips awaiting bank tests, eyeing storm

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Fri, Jul 23, 2010

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Post by Anne Bagchi, Oil Researcher

Ibtimes.com reported on Oil slips awaiting bank tests, eyeing storm:

Oil prices slipped back from an 11-week high above $79 on Friday, falling on uncertainty over European bank stress test results even as companies began shutting in Gulf of Mexico production ahead of a tropical storm.

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