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Brent oil tumbles under $98, nears 16-month low – Full story

(via AFP)

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Brent oil prices sank under $98 on Friday for the first time in almost 16 months, hit by poor US non-farm payrolls data, the strong dollar, weak Chinese manufacturing figures and eurozone debt tensions. In afternoon London deals, Brent North Sea crude for delivery in July slumped to $97.70 per barrel…

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