Oil falls on lingering concerns about Europe

Oil   Oil
By Chris Kahn on June 25, 2012

NEW YORK (AP) — The price of oil declined Monday as Spain's banking crisis added to concerns about the troubled European economy.

A tropical storm also moved away from the heart of America's oil production in the Gulf of Mexico, reducing the chances for a sustained disruption in U.S. supplies.

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oil
prices
Tropical Storm Debby
Spain
United States
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