Oil down 1 percent after hitting 2009 lows

Oil futures ended lower with Brent down over 1 percent on Tuesday after plumbing near seven-year lows on fears global oil producers will pump even more crude in battle for share in a saturated market. Both Brent and U.S. crude’s West Texas Intermediate (WTI) sunk beneath $40 a barrel in early trade, hitting February 2009 […] Source: Dutch Caribbean News Oil down 1 percent after hitting 2009 lows

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