Crude oil futures erase gains

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Source: Forexpros

Crude oil futures fell after strong gains on the Iranian and Syrian supply threat and stronger consumer confidence in the US. Syrian oil production already dropped by 35% on sanctions imposed due to country's crackdown of the protestors. Crude oil futures for February delivery traded at USD101.17 a barrel on the New York Mercantile Exchange, easing down 0.17%.

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Wed, 28 Dec 2011 09:19:59 GMT

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