Oil Sinks to Lowest in Almost 7 Years as Iran Vows More SupplyBy and
`Absolutely no chance' Iran will delay export boost: minister
Speculators raise bearish bets on WTI to all-time high
Oil extended declines from the lowest price since February 2009 as Iran pledged to boost crude exports, bolstering speculation OPEC members will exacerbate the global oversupply.
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