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October 5, 2011

Stock Market Sees No Bottom for Oil Prices

Vannucci et al., Reuters


Reuters

Options protecting against declines in U.S. energy stocks have surged to the most-expensive level in 30 months versus contracts on the Standard & Poor’s 500 Index, amid concern oil will extend losses as the economy slows.

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TAGGED: Standard & Poor's, energy investment, Wall Street, stocke market, oil prices, oil

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