By Matthew Robinson 26 minutes ago LONDON (Reuters) - Oil fell below $109 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from Hurricane Gustav.U.S. crude traded down $1.44 to $108.27 a barrel by 8:20 a.m. EDT after settling below its 200-day moving average, a key technical level, for the first time since May 2007 on Tuesday.
London Brent crude fell $1.20 to $107.14 a barrel.
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