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Crude oil price up slightly amid cold US weather

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The price of oil recovered slightly to above $94 a barrel Monday amid cold weather in the U.S. and as some investors sought bargains following a weeklong market plunge. By early afternoon in Europe, benchmark U.S. oil contract for February delivery was up 38 cents to $94.34 in electronic trading on the New York Mercantile Exchange. On Friday, the contract fell $1.48, leaving it 6.4 percent...

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