Oil tumbles below $93 after weak China report
SINGAPORE (AP) — Oil fell below $93 a barrel Friday in Asia as weak Chinese trade figures suggested growth continues to slow in the world's second-largest economy.
Benchmark crude was down 91 cents to $92.45 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 1 cent on Thursday to settle at $93.36 in New York.
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