Crude Continues To Tumble

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Crude futures are trading lower by $1.15 at $40.60 in Friday's session. It is trading lower for the seventh time in the last eight trading sessions. It has breached Thursday's low by over $1 and is now trading at its lowest level since it bottomed on August 27 at $39.80.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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