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Gold/Mining/Energy : Best Free Websites to Research Mining & Oil Company Stocks

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From: barbara23	8/5/2008 4:42:42 PM
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Oil below $120 a barrel! Hi guys! It seems that Oil will be falling these days and probably we will see a barrel for less than $100, just like a year ago. Oil fell below $120 a barrel, for the first time after May on Monday, as new data showed that consumers are slowing down their consumption of energy to curb high inflation costs. The Federal Reserve's meeting on Tuesday also cause some anxious moments for investors who may be expecting a rise in borrowing rates to curb inflation, but analysts feel that it may not be an option. US crude for September delivery fell $3.69 to settle at $121.41 a barrel on the New York Mercantile Exchange. Happy trading! ;) Barbie Source gnutrade.com

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