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Oil Declines Below $70 |
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12:38 PM EDT August 31 2006 |
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Oil prices slipped after BP PLC officials said the company's Prudhoe Bay production could be restored earlier than expected. Light crude October delivery fell 33 cents to $69.70 a barrel. Gasoline fell 2 cents to $1.775 a gallon. Natural gas dropped 10 cents to $6.19 per 1,000 cubic feet. London Brent October delivery slipped 17 cents to $70.01. |
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