Crude Oil Declines on Concern Europe Crisis May Stall Recovery
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Oil fell from a three-day high in New York amid concern that Europe’s debt crisis will threaten the region’s economic recovery and curb demand.
Futures slid as much as 1.2 percent, after posting their biggest gain in almost a month yesterday, as European Union finance ministers struggled to break a deadlock on a second rescue plan for the Greek economy. U.S. crude stockpiles fell by