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Crude Oil Hovers Round $59 On Warm Weather |
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8:55 AM EST November 08 2005 |
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Crude oil prices hovered near $59 a barrel on unusually warm weather for the season, reducing consumers’ need for heating fuel. Light sweet crude December delivery fell 23 cents to $59.29 a barrel in electronic trading on the Nymex. London Brent lost 43 cents to $57.61.
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