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Crude Oil Rises in New York Trading, Paring Second Weekly Drop

Oil for May delivery rose as much 39 cents, or 0.4 percent, to $105.74 a barrel in electronic trading on the New York Mercantile Exchange and was at $105.69 at 9:42 a.m. Tokyo time. Futures slid $1.92 yesterday to $105.35 and are down 1.3 percent this week.

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