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U.S. oil falls $1 to $43.76 on economy worry

PERTH
Sun Mar 1, 2009 10:09pm EST

PERTH (Reuters) - U.S. oil fell $1 to below $44 a barrel on Monday, dragged down by mounting worries over energy consumption amid a recession in the United States and a global economic slowdown.

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U.S. crude was down $1 at $43.76 by 0303 GMT, while London Brent crude fell 80 cents to $45.55 a barrel.

(Reporting by Fayen Wong)



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