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Oil tumbles below $70 as OPEC holds fire despite price collapse

The benchmark North American crude, West Texas Intermediate, fell below the $70 a barrel mark. Canadian dollar slipped below 90 cents US. TSX energy group tumbled led by a steep selloff of major oil sands producers.
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Oil tumbles below $70 as OPEC holds fire despite price collapse
The benchmark North American crude, West Texas Intermediate, fell below the $70 a barrel mark. Canadian dollar slipped below 90 cents US. TSX energy group tumbled led by a steep selloff of major oil sands producers.
Buy hedged oil producers as crude prices plunge: Veritas
Firm prefers hedged producers who have reduced their risk if prices plunge into the $60 range.
Canadians divided over merits of oil sands: poll
Canadians are almost evenly divided over the merits of developing Alberta’s oil sands, with impressions worsening, according to Nanos Research polling.
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