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Oil retreats, dragged by weak Europe economic data
Reuters The euro zone's service sector shrank unexpectedly this month, reviving fears that the economy could sink into recession, Markit's Eurozone Services Purchasing Managers' Index showed on Wednesday. China's manufacturing sector contracted in February for … High oil prices test US economy, Barack Obama Oil Trades Near Nine-Month High as Iran Tension Counters Economy Oil Erases Drop as Iran Tension Counters Concern Global Economy to Falter |