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Cheap Oil Is Being Blamed For 200,000 Job Cuts
Friday, August 5, 2016 - 11:31am | 307Oil prices staged a brief rebound for part of 2016, but have been in a bearish trend since June. After topping $50 per barrel in June, WTI crude is now flirting with the $40 per barrel mark and were seen trading below its 200-day moving average. Oil bulls aren't the only ones worried about...