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Published 21 Jan, 2014 06:11am

Oil prices down in Asian trade

SINGAPORE: Crude prices dipped in Asian trade Tuesday on easing supply concerns as a landmark deal to curb oil-rich Iran´s disputed nuclear programme came into force.

The US benchmark contract, West Texas Intermediate for delivery in February, was down 48 cents to $93.89 a barrel in mid-morning Asian trade and Brent crude for March eased five cents to $106.30.

SOURCE: AFP

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