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Oil prices rise in Asia after steep falls

NEW YORK: Oil prices edged up Friday on bargain-buying and a weaker dollar after another slump fuelled by a surge in US stockpiles and worries about an upcoming meeting to tackle a global supply glut.

Oil prices slip from $50 level

NEW YORK: World oil prices dipped Friday, with traders taking profits after crude rose above the psychological $50 level this week on evidence of a fall in supplies.