December 29, 2010 9:52 AM

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Lower oil prices in Asian trade

Oil prices were lower in Asian trade today. New York's light sweet crude lost 11 cents to 91.38 dollars per barrel while Brent North Sea crude was down 14 cents to 94.24 dollars a barrel.Analysts said the decline in oil prices was limited as heating oil demand set to stay firm in view of continuing cold spell in the United States and Europe.

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