Oil prices slumped on Monday, with New York crude striking five-month lows, as the dollar strengthened against the euro on mounting worries over Europe’s debt crisis, traders said. New York’s main contract West Texas Intermediate crude for delivery in June was down $1.99 at $94.14 a barrel. Earlier Monday it hit $93.65 an ounce —…
By Amanda Marcotte
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By Harry Enten, The Guardian
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By Amanda Marcotte
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