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6/23/11

Oil prices plunge as U.S., Europe tap strategic reserves - by Kevin Hall

Oil prices dropped sharply Thursday on news that the United States and Europe will sell 60 million barrels of oil from their strategic reserves over the next 30 days, a move experts called an important policy shift that should help restrain volatile energy prices.

For more: Oil prices plunge As U.S., Europe tap strategic reserves - KansasCity.com

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