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Commodities Pressured as Fiscal Cliff Vote Cancelled

Recovery in commodities proved to be short-lived. Crude oil price slipped in Asian session with the front-month WTI contract dropping to 88.93 from yesterday’s close of 90.13 while Brent crude fell to as low as 109.39 after settling at 110.2 Thursday.

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Commodities Pressured as Fiscal Cliff Vote Cancelled

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