U.S. cutback of 1.1 million barrels of oil per day responsible for precipitous fall in the price of crude.
http://www.bloomberg.com/apps/news?pid=20602099&sid=aZjYuJuTJy5M&refer=energy
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Monday, November 3
BP's Hayward Says Lower Oil Prices Will Spur Demand
by
Energy Issues
on Mon 03 Nov 2008 11:28 AM CST
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