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2008 November 21   06:29

Oil price down to $48.08 in London and to $49.62 in New York

In London, the December Brent Crude contract was down $3.64 on November 20 to $48.08 per barrel on the ICE Futures exchange. Light Sweet Crude for December delivery fell $4.009 to $49.62 on the New York Mercantile Exchange, RBC reports.

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