Oil sinks with stocks on faltering hopes of a recovery in demand – Transportation topics

Oil sinks with stocks on faltering hopes of a recovery in demand – Transportation topics

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Oil fell below $ 40 a barrel for the first time in a month, with stocks selling off and a stronger dollar exacerbating demand concerns as a lackluster summer season draws to a close.

New York futures fell 3.9% on September 4, leaving prices on track for the worst week since June. Stocks in the United States,…

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