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Oil slips below $81 on renewed demand fears

Last Updated: Friday, August 19, 2011, 09:22

Oil prices fell on Friday, extending the previous session's plunge, on renewed fears of weak demand following a slew of lackluster data from the world's top oil consumer, the United States.

Oil up on US gasoline draw, equities weigh

Last Updated: Thursday, August 18, 2011, 09:54

Crude oil rebounded on Wednesday on a sharp decline in US gasoline stocks, but persistent worries about economic growth curbed gains.