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Oil prices slumped again on Friday after two days of relative stability, hitting 5-3/4 year lows in search of a bottom to the market's six-month-long rout.

Benchmark Brent crude LCOc1 fell more than $2 to $48.90 a barrel, its lowest since April 2009.

U.S. crude was down $1.43 at $47.36 a barrel, after sliding to $47.16, also a low since April 2009.
Source: Reuters

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