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Oil price falls to near $97 a barrel

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LONDON (AP) — The price of oil dropped Monday after a survey showed a slight deterioration in China's manufacturing activity. By midday in Europe, the benchmark contract for U.S. crude for March delivery was down 24 cents to $97.25 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 74 cents on Friday. Brent crude, used to set prices for international varieties...

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