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Old 20th-October-2007, 07:44 AM
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Oil prices ended lower close of trade in New York, after investors locked in earlier profits after crude oil hit record highs earlier.

But analysts say the downward trend is likely to be temporary, as the factors triggering recent highs remain, notably supply fears and the lower dollar.

US light sweet crude fell 87 cents to $88.60 after an earlier $90.07 record.

http://news.bbc.co.uk/1/hi/business/7052071.stm
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