March 12, 2012 12:18 PM

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Oil prices low in Asia today

Oil prices were lower in Asian trade today on concerns of slower economic growth in China, the world's largest energy user. New York's main contract for delivery in April, shed 52 cents to 106.88 dollar per barrel while Brent North Sea crude also for April was down 55 cents at 125.43 dollar in morning trade.

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