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Thursday, May 24 2012

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Oil close to 6-week low

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Friday February 03 2012

Oil traded near a six-week low before a report forecast to show the US added fewer jobs last month than in December.

Brent crude's premium to the New York price is set for the largest weekly gain in a month.

Futures were little changed in New York after dropping a fifth day yesterday, the longest losing streak since August.

 

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