Oil holds above $93 after sharp fall on expectations US supplies to rise for 8th week

  • by: PABLO GORONDI , Associated Press
  • Updated: November 13, 2013 - 8:10 AM

Oil hovered above $93 a barrel Wednesday after a plunge the day before, when investors worried that U.S. crude supplies remain high and that the Federal Reserve could decide soon to reduce its economic stimulus program.

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