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Reuters: Oil nears $100 mark on profit taking

Started by chris, March 24, 2008, 06:01:04 AM

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chris

Oil nears $100 mark on profit taking
      


SYDNEY (Reuters) - Oil fell nearly $2 to around $100 a barrel on Monday, extending last week's deep losses as funds sought to lock in first-quarter profits and Saudi Arabia reassured consumers of its plans to boost supply.
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