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Brent extends gains above $84

Since the last update here earlier this morning, oil prices have lifted a bit more and now Brent crude has taken out the $84 handle. The gains so far has stalled short of $84.25, but the move may not be over with yet. The move above $84 seems to suggest; that any residual offers there have clearly been removed and now it remains to be seen just how far it might extend this run. Brent for July delivery is currently trading at $84.22
 

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