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Oil falls on Greece deal doubts, IEA report
Last Updated(Beijing Time):2012-02-11 05:11

Crude prices fell on Friday as Greek debt deal stuck and the International Energy Agency (IEA) reduced its 2012 oil demand growth forecasts.

Light, sweet crude for March delivery dropped 1.17 dollars, or 1.17 percent to settle at 98.67 dollars a barrel on the New York Mercantile Exchange. In London, Brent crude also declined and last traded around 117 dollars a barrel.

Source:Xinhua 
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