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2008 May 16   06:00

Oil price down to $121.25 in London and to $124.12 in New York

In London, the June Brent Crude contract was down $0.61 on May 15 to $121.25 per barrel on the ICE Futures exchange. Light Sweet Crude for June delivery fell $0.10 to $124.12 on the New York Mercantile Exchange, Finmarket reports.

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