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According to Dow Jones news on August 17, on Tuesday (August 16), the US benchmark WTI crude oil price closed at its lowest level since January 25, falling 3.
2% to $86.
53 a barrel, down 29%
since hitting a high of $122.
11 on June 8.
WTI crude prices have fallen 6 percent over the past two days due to weak
economic data from plant activity to housing starts in the United States.