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Oil down again after sharp fall on weak demand

By The Associated Press
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NEW YORK (AP) — More concerns about the strength of the global economy sent the price of oil down for the fourth straight day.

Oil fell as low as $86.06 a barrel on Tuesday before recovering to $88.33 a barrel, down 38 cents, in afternoon trading on the New York Mercantile Exchange. Oil dropped nearly 3 percent on Monday.

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