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Oil bounces as central banks take action
Brent slips to $116 on Greece risk, spread trade
Brent crude futures fell to near $116 a barrel on Wednesday, as uncertainty over Greece's ability to resolve its debt problems weighed on sentiment and traders narrowed the benchmark's premium to U.S. crude. The risk of Europe's debt crisis dragging the region into a recession that could crimp oil demand continued to weigh on risk assets. Greek political parties will try yet again on Wednesday to
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