From: Reuters
Published November 27, 2007 08:05 AM

Oil falls below $96

LONDON (Reuters) - U.S. crude oil fell more than $2 a barrel on Tuesday to below $96, pressured by expectations that the OPEC exporter group may decide to raise oil output at a December 5 meeting.

U.S. crude was down $2 a barrel at $95.70 as of 7:56 a.m. EST and later extended the decline. Brent crude also fell, dropping by $2 to $93.32 as of 7:58 a.m. EST.

(Reporting by Alex Lawler, editing by James Jukwey)



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