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Friday, January 28, 2011
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Update at 1115 hrs (IST)

US crude at near 2-month low

MUMBAI: US crude futures fell on Friday to a near two-month low on weak economic data and talk of OPEC raising the output to cool prices while a rosier outlook for Europe supported Brent.

US crude oil for March delivery fell 44 cents to $85.20 a barrel. ICE Brent crude for March rose 20 cents to $97.59 a barrel.

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