Oil prices slip

| 2nd June, 2011
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LONDON, June 1: Oil prices sank further on Wednesday after more disappointing economic data but the market remained on alert over the eurozone debt crisis and US supply disruptions.

New York’s main contract, light sweet crude for delivery in July, dipped 85 cents to $101.85 per barrel.

Brent North Sea crude for July dropped 64 cents to $116.09.—AFP

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