Crude oil futures decline after previous gains

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Source: Marketwatch

Crude oil futures declined after hitting the highest level since May on the falling Asian markets and strong USD. Light, sweet crude oil futures for February contract traded at $102.62 a barrel in electronic trade on Wednesday, losing 34 cents after surging up to $4.13 on the New York Mercantile Exchange yesterday.

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Wed, 04 Jan 2012 17:00:03 GMT

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