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Crude Oil Declines From Highest in Two Days in New York Trading

Oil for May delivery slid as much as 42 cents, or 0.4 percent, to $106.45 a barrel in electronic trading on the New York Mercantile Exchange. The contract was at $106.50 at 5:33 p.m. Sydney time.

Prices rose $1.52 to $106.87 on March 23, the highest close since March 21.

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