Oil Declines in New York After Japan Exports Signal Weaker Global Economy

Oil fell a third day in New York after Japan reported the first decline in exports in three months. Crude for January delivery slid as much as 61 cents, or 0.6 percent, to $97.06 a barrel in electronic trading on the New York Mercantile Exchange and was at $97.22 at 8:45 a.m. Singapore time.

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