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April 30, 2008
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Wednesday
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Rabi-us-Sani 23, 1429
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Oil slips
LONDON, April 29: Oil prices tumbled on Tuesday from recent highs close to $120 as British refinery workers returned to work after a two-day strike that hit fuel supplies, analysts said.
In Tuesday trade, New York’s main oil futures contract for June delivery, fell $2.70 to $116.06 per barrel. London’s Brent North Sea crude for June sank $2.67 to $114.07.—AFP
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