Oil Sinks Below $40 a Barrel With Demand Dropoff Looming
Tankers load up with Iraqi crude oil at Al Basra oil terminal in the Northern Arabian Gulf. (Photographer: Charles Crowell/Bloomberg News)

Oil Sinks Below $40 a Barrel With Demand Dropoff Looming

(Bloomberg) -- Oil in New York closed below $40 a barrel for the first time in a month as a selloff in broader markets exacerbated concerns over weakening demand following a sluggish summer driving...
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