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N.Y. Crude Oil Extends Decline, Falls 0.5% to $88.93 a Barrel

Crude oil futures extended declines in New York, falling as much as 0.7 percent.

Crude oil for January delivery dropped 45 cents, or 0.5 percent, to $88.93 a barrel at 10:31 a.m. on the New York Mercantile Exchange. Oil earlier rose as high as $90.76.

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