Oil prices fall to near US$71 in Asia trade Friday as US$ gains(update)


SINGAPORE: Oil prices fell to near US$71 a barrel Friday in Asia, giving up part of the previous day's big gains, as the U.S. dollar rebounded.

Benchmark crude for November delivery was down 49 cents at $71.20 by midday Singapore time in electronic trading on the New York Mercantile Exchange.

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