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Oil price dips after Gustav blows over
US traders returning to their desks from the Labor Day weekend sold oil after earlier falls on Monday, helping to push the price down about 8%.
US traders returning to their desks from the Labor Day weekend sold oil after earlier falls on Monday, helping to push the price down about 8%.
Hurricane Ike strengthened rapidly into an extremely dangerous category-four hurricane in the open Atlantic on Wednesday.
Hurricane Gustav slammed ashore on the US Gulf Coast near New Orleans on Monday but rebuilt levees appeared to hold floodwaters out of the city.