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Oil Pares Gain, Heads for First Decline in Three Weeks

July 27 (Bloomberg) -- Crude oil pared gains in New York and was headed for its first weekly decline since the period ended July 6.

Oil for September delivery was up 8 cents at $89.47 a barrel in electronic trading on the New York Mercantile Exchange at 9:52 a.m. London after rising as much as 0.9 percent to $90.23. The contract is down 2.2 percent this week.

To contact the editor responsible for this story: John Buckley at

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