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Stock impact report

5 reasons oil prices are in a history-setting tailspin [MSN Money]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: MSN Money
Replay Video UP NEXT 1 Cancel SETTINGS OFF HD HQ SD LO Oil drops to lowest level in a year What to watch next UP NEXT Video by CNBC Rampant expectations for a global oil supply glut sent the U.S. benchmark to its lowest finish of the year. Load Error December West Texas Intermediate crude (CLZ8) dropped $4.24, or 7.1%, to settle at $55.69 a barrel on the New York Mercantile Exchange on Tuesday, marking a historic 12th straight decline, deepening a descent into a bear market, defined as a drop of at least 20% from a recent peak. Here are some of the key reasons that oil prices have staged a gut-wrenching drop, after posting a 52-week high back on Oct. 3: Oversupply : The Organization of the Petroleum Exporting Countries raised its production in September by 100,000 barrels a day to 32.78 million barrels of oil a day— a one-year high , according to the Intern Show less Read more
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