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Oil price down slightly on lower demand forecast

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The price of oil was down slightly but remained above $95 a barrel Wednesday as experts said global demand for crude would be slightly lower than previously expected. By early afternoon in Europe, benchmark oil for July delivery was down 7 cents to $95.31 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 39 cents to close at $95.38 per barrel on Tuesday. The...

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