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Oil prices swell US trade deficit
as crude prices have soared this year, oil imports also increased by about 15% in the month - takening the petroleum deficit to a record $43.3bn . revising oil prices saw the us trade gap swell in july to its widest level since march 2007, governmeh nt figures show . excluding petroleum products the us trade deficit shrank to its lowest level since october 2002 . as a result exports of goods and services rose 3.3% to a record $168.1bn . Generated 2008-11-5_22:4
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