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Old 2nd-June-2007, 08:27 AM
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Oil prices have rebounded to close more than a dollar a barrel higher mark amid concerns about supplies in the US.

In New York, light sweet crude closed $1.07 higher at $65.08 while in London Brent crude rose $1.03 to $69.07.

http://news.bbc.co.uk/1/hi/business/6711525.stm
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