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MARKETS

Analyst Wrap, June 17 2005

WORLD oil prices stubbornly stuck around the US$55 per barrel mark this week, despite OPEC assurances of further increased production, as concerns over stretched refining capacity continued to underpin the markets.

Analyst Wrap, June 17 2005

Oil traded on the New York Mercantile Exchange has now jumped 28% since the beginning of the year, climbing nearly US$9 per barrel during the past four weeks. On Thursday July futures for US light sweet...

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