Bloomberg.com reporters Mark Shenk and Grant Smith are reporting today that oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation that rising OPEC production will deepen the global glut.
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Crude falls below $35 per barrel
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Bloomberg.com reporters Mark Shenk and Grant Smith are reporting today that oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation that rising OPEC production will deepen the global glut.