October 8, 2012 11:28 AM

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Crude prices slip in Asia today

Crude prices slipped in Asia today amid caution over Europe hours ahead of the formal launch of a 500-billion-euro rescue fund for the embattled eurozone. New York's main contract, light sweet crude for delivery in November, shed 47 cents to 89.41 dollar a barrel and Brent North Sea crude for November delivery fell 58 cents to 111.44 dollar.

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