December 5, 2011 12:14 PM

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Oil prices up in Asian trade

Oil prices pushed higher in Asian trade today boosted by heightened geo-political tensions over Iran . New York 's main contract, light sweet crude for delivery in January, was up 33 cents to 101.29 US Dollars a barrel. Brent North Sea crude for January delivery, rose 48 cents to 110.42 US Dollars.

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