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Oil falls below $94 a barrel

By Pamela Sampson
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BANGKOK (AP) — The price of oil fell Monday as traders concerned about global energy demand took profits ahead of economic data from China and the United States.

Benchmark oil for July delivery was down 59 cents to $93.66 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 10 cents to $94.15 a barrel on Friday.

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