Oil price decreases
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U.S. crude oil fell today at the lowest point for the two months affected by the economic data, increasing the value of the dollar and the market speculation that OPEC will raise output quotas to cool prices. Positive data from the European Union have supported the growth of London's Brent crude oil.

U.S. crude oil for March fell 15 cents to 85.49 dollars per barrel. London Brent oil rose 38 cents to 97.77 dollars per barrel.
Published on: January 29, 2011 - 3:51 pm
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