Oil prices slump 4% on concerns over demand and OPEC supply boost ...Middle East

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Oil prices slump 4% on concerns over demand and OPEC supply boost
NEW YORK (Reuters) -Oil prices tumbled about 4% on Monday as weak economic data from China and the United States, the world's top oil consumers, and higher crude output from OPEC producers stoked fears of weakness in oil demand and oversupply.

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