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Why Have Oil Prices Hit An 11-Year Low?

Oil prices slid to an 11-year low on Wednesday under pressure from a strong dollar and weak Chinese data, as crude continues to suffer from a persistent supply glut.

Jan 6, 2016

Oil prices slid to an 11-year low on Wednesday under pressure from a strong dollar and weak Chinese data, as crude continues to suffer from a persistent supply glut. Georgi Kantchev explains. (Photo: AP)

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