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Old 1st-March-2007, 08:21 AM
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Oil prices have fallen to a six-month low of less than $61 a barrel as healthy US fuel stockpiles and reduced tension over Iran have calmed markets.

The price of a barrel of US light, sweet crude fell $1.20 to $60.46, its lowest level since 21 March, while Brent crude dipped to $60.47 in London.

Prices have fallen $17 since July, when the Israel-Hezbollah conflict sent shockwaves through oil markets.

http://news.bbc.co.uk/1/hi/business/5365756.stm
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