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Oil declines amid stronger dollar, crude oversupply in U.S.

Oil prices fell Friday, tumbling as the dollar strengthened and a supply glut in top consumer the United States trumped worries about falling production from Libya.

The market had come under pressure from Wednesday's Energy Department report, which showed a 7.3 million-barrel rise in crude inventories to their highest December level on record. Analysts had expected a seasonal decline.

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