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Oil Trades Near 9-Month High Before Europe Meets on Debt

Crude oil for April delivery slid 41 cents, or 0.4 percent, to $109.36 a barrel in electronic trading on the New York Mercantile Exchange at 12:03 p.m. Sydney time.

Brent oil for April settlement was down 34 cents at $125.13 a barrel on the London-based ICE Futures Europe exchange.

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