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2015 January 27   08:39

Oil price down to $48.16 in London and down to $45.15 in New York

On December 26, Brent crude for March delivery lost $0.63 to settle at $48.16 per barrel on ICE Futures Europe, Light sweet crude for February delivery fell by $0.44 to $45.15 on New York Mercantile Exchange.

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