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Oil falls as traders and investors take profits

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BANGKOK (AP) — Oil prices fell Friday after traders who believe crude prices may be too high unloaded their investments to lock in gains. Benchmark crude for January delivery was down 19 cents to $87.88 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose $1.58 to close at $88.07 on the Nymex on Thursday. "Some traders and...

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