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Oil Slips On Strong Supplies |
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1:19 PM EST November 01 2006 |
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Crude oil further steeply dropped, following strong weekly inventories data. Crude oil December contract fell 70 cents to $58.03 a barrel. Heating oil declined 2 cents to $1.6430 per gallon, while gasoline futures inched up to $1.4350. |
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