November 21, 2013 12:26 PM

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Oil eases in Asia on back of Iran-world power talks in Geneva

Oil prices eased in Asia today after talks between Iran and world powers on its disputed nuclear programme opened in Geneva, while signs of rising US demand failed to boost New York's main contract. West Texas Intermediate crude, with the new January contract falling 21 cents to 93.64 dollar, while the European benchmark Brent oil for January dropped 28 cents to 107.78 dollar.

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