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Oil falls towards US on economic growth worries

CAPE TOWN, July 30 — Oil fell towards US (RM244) a barrel on Friday, extending an earlier drop, pressured by data showing economic growth in top oil consumer the United States slowed in the second quarter. Gross domestic product expanded at a 2.4 per cent annual rate, the Commerce Department said, after a revised 3.7 per cent growth pace in the ...


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