October 3, 2012 10:53 AM

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Crude price slips in Asia

Crude prices slipped in Asia today after Spanish Prime Minister Mariano Rajoy played down expectations of an immediate bailout for his struggling country. New York's main contract, light sweet crude for delivery in November, shed 27 cents to 91.62 dollars a barrel and Brent North Sea crude for November delivery slipped 29 cents to 111.28 dollars.

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