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Another big drop for crude prices

NEW YORK, Aug. 30 (UPI) -- U.S. crude prices fell nearly $1 Monday as Iraqi oil exports continued to flow despite a recent spate of attacks on oil installations.

It was the sixth consecutive losing session for crude on the New York Mercantile Exchange since mid-August when prices appeared to be on the verge of cracking $50 per barrel.

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October crude settled 90 cents lower Monday at $42.28 per barrel, the lowest settlement price in more than a month.

September gasoline slipped 3.6 cents to $1.140 per gallon. Heating oil was off 2.6 cents at $1.119 per gallon.

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