Crude slips for 7th day as supplies increase
by The Associated Press, Associated Press - 4 July 2014 03:55-04:00
The price of crude oil slipped for a seventh straight day Friday as expectations of increased supply offset strong U.S. employment growth.
Benchmark U.S. crude for August delivery was down 10 cents at $103.96 a barrel at 0725 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 42 cents to $104.06 on Thursday.
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