Oil down after earlier rise

OIL prices closed down after a brief foray above the key $US90 a barrel threshold due to profit-taking and a rising US dollar.

Oil down after earlier rise Oil down after earlier rise Oil down after earlier rise Oil down after earlier rise Oil down after earlier rise

Light, sweet crude for January delivery settled down 69c, or 0.8%, at $88.69 a barrel after climbing as high as $90.76.
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