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Oil Drops for Second Day on Saudi Action, FedEx Outlook
Bloomberg Oil declined to a two-week low as Saudi Arabia was said to be taking action to lower prices and after FedEx Corp. (FDX) reduced its profit outlook, increasing concern that an economic slowdown will curb demand. Oil fell for a second day as a Persian … How the White House Is Keeping a Lid on Oil Prices Oil ends lower, under $ 96 a barrel Oil falls below $ 96 on economic worries |

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