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Friday, November 13, 2009
Crude Oil Dips After Trade, Import Prices Data
By Nick Godt
MarketWatch Pulse
NEW YORK -- Crude oil futures fell on Friday after the government data showed the U.S. trade deficit widened more than expected to $36.5 billion in September, while import prices rose 0.7% last month. Crude oil futures were down 22 cents, or 0.3%, at $76.72 a barrel in electronic trade on Globex. It earlier rose to $77.28 a barrel, receiving a boost as the dollar fell against other major currencies.
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