By Agence France Presse (AFP) Tuesday, July 27, 2010 - Powered by LONDON: World oil prices retreated on Monday, in line with weaker stock markets, as investor worries subsided over a storm threat to energy installations in the Gulf of Mexico. New York’s main contract, light sweet crude for delivery in September, shed 49 cents to $78.49 a barrel. Brent North Sea crude for September slid 40 cents to $77.05 per barrel in early afternoon deals. Traders digested news that Tropical...
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