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IPFS News Link • Economy - Economics USA

Trade deficit again increasing because of oil prices

7-12-2006 • AP

A record jump in the price of imported oil pushed the trade deficit to $63.8 billion in May, offsetting robust overseas sales gains by American companies. On Wall Street, stocks dropped sharply after a separate report showed that weekly oil invent

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Reported By Powell Gammill

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Trade deficit again increasing because of oil prices

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