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Columbia university
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Oil Slump to 11-Year Low Just a Taste of Pain Felt by Producers
©2015 Bloomberg News NZS1N66VDKHT (Bloomberg) — If oil’s slump to an 11-year low stung traders, it’s just a taste of the hardship felt by the industry. Brent’s plunge to $35.98 a barrel on Tuesday, its weakest intraday level since 2004, was probably painful enough for any remaining oil bulls. But that