Oil slips below $98 a barrel after 2014 high as data signal stronger US demand for oil

  • by: PABLO GORONDI , Associated Press
  • Updated: January 31, 2014 - 5:35 AM

The price of oil slipped below $98 a barrel on Friday, backing off the 2014 peak it hit in the previous session on signs of stronger recoveries in the U.S. and Japan.

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