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The Boston Globe

Business

After a run-up, the price of oil falls

NEW YORK — The price of oil fell for the first time in more than a week Monday, slipping near $107 a barrel.

Benchmark oil for September delivery fell 36 cents to close at $107.10 a barrel on the New York Mercantile Exchange. The contract rose $4.06, or 4 percent, over the prior six trading sessions.

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