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| May 31, 2003 | Saturday | Rabi-ul-Awwal 28, 1424 |
Oil prices up
LONDON, May 30: Oil prices crept higher on Friday as traders remained concerned about the possibility of a squeeze on gasoline supplies during the US vacation period.
The price of reference Brent North Sea crude oil for July delivery rose 31 cents per barrel to $26.34 in late trading here.
New York’s benchmark light sweet crude July contract gained 35 cents to $29.45 per barrel in early deals.—AFP
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