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Oil prices fell below $97 a barrel Tuesday in Asia, extending a two-week
fall amid investor concern slowing U.S. economic growth could undermine
demand for crude.
Benchmark crude for June delivery was down 50 cents to $96.87 a barrel
at late afternoon Singapore time in electronic trading on the New York
Mercantile Exchange. The contract fell $2.28 to settle at $97.37 on
Monday.
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