Oil slides, stays in narrow range near $100

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The price of oil slipped slightly on Tuesday as the market weighed potentially weaker global economic growth against continued disruptions of Libyan crude supplies.

Benchmark oil for May delivery fell 41 cents to close at $99.19 in New York. Brent crude, used to set prices for international varieties of crude used by many U.S. refineries, rose 7 cents to close at $106.99 in London.

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