CHART OF THE DAY: Oil Falls Below $90 For The First Time Since October

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Crude oil futures fell below $90 per barrel just after noon. This is the first time since last fall prices fell below $90 since October.

Prices for July delivery of West Texas Intermediate contracts dropped 2 per cent.

Exxon, Chevron and ConocoPhillips were all down more than 1 per cent.

chart of the day, crude oil, may 2012

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