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US Thanksgiving holiday

Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

SINGAPORE: Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the US Thanksgiving holiday and with many traders reluctant to take big new positions ahead of a planned OPEC-led crude output cut to be decided next week. International Brent crude oil futures were trading at $48.57 at 0435 GMT, down 43 cents, or 0.9 per cent, from their last close. US West Texas Intermediate (WTI) crude futures were at $47.59 per barrel, down 37 cents, or 0.8 per cent, from their last settlement.…