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Crude Oil Slides Below $58 |
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12:58 PM EST October 31 2006 |
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Crude oil further declined on mild weather and expectations of strong weekly inventories data. Crude oil December contract fell 76 cents to $57.60 a barrel. London Brent fell 38 cents to $58.30. Heating oil declined to $1.594 per gallon, while gasoline futures declined 2 cents to $1.4325. Natural gas dropped 10 cents to $7.317 per 1,000 cubic feet. |
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