Oil prices slip
Afp, Singapore
Oil prices retreated in Asian trade Monday as investors took profits after the market's record run last week, dealers said. At 10:00 am (0200 GMT), New Tork's main contract, light sweet crude for September delivery, was down 69 cents to 74.79 US dollars a barrel from 75.78 dollars in late US trade Friday. Brent North Sea crude for September dropped 25 cents to 74.50 dollars.
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