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Market Journal 2007 P3

  • 11/12/2007 -- High crude price divides market
    With front-month benchmark US crude touching a record high of $98.62/bbl in overnight electronic trading Nov. 7, the oil market essentially split into two main groups.
  • 02/12/2007 -- Crude challenges $60/bbl ceiling
    The March contract for benchmark US light, sweet crudes jumped to $59.89/bbl Feb. 9, the highest front-month crude closing on the New York Mercantile Exchange since late December.

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