Oil Drops Below $90 as Energy Company Shares Decline
- Donald Herison
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Oil dropped below $90 for the first time in 17 months as oil and gas companies led European stocks lower.
On a different note, the dollar declined as the number of Americans filing for unemployment benefits unexpectedly fell.
Trading Tip: Watch the the oil shares in the next few days as they may rise or fall depending on coming announcements.
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