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Crude Oil Erases Gain in New York Trading; Brent Little Changed

Oil for April delivery erased a gain of as much as 0.6 percent in New York. Futures were unchanged at $106.72 a barrel in electronic trading on the New York Mercantile Exchange at 2:01 p.m. after rising as much as 62 cents to $107.34.

Brent oil for April settlement gained 17 cents to $123.97 a barrel on the London-based ICE Futures Europe exchange.

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