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Oil price slumps under $100 on Japan quake

(AFP)-LONDON — New York crude oil dived back under $100 per barrel on Friday as traders bet that a massive earthquake in Japan would slash the country's crude imports.

New York's main contract, light sweet crude for April delivery, fell to $99.01 -- the lowest level since February 25. It later stood at $99.69 a barrel, down $3.01 from Thursday's closing level

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