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BRIEFLY

February 11, 1988

Oil prices continued to slip in quiet, choppy trading that was dominated by technical factors. Contracts for March delivery of West Texas Intermediate, the benchmark U.S. crude, fell to $17.13 per 42-gallon barrel from $17.42 Tuesday on the New York Mercantile Exchange. Among refined products, contracts for wholesale heating oil fell 1.32 cents to 47.28 cents per gallon, while wholesale unleaded gasoline sold for 46.48 cents per gallon, 1.09 cents lower.

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