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Market MovementCrude futures price ratchets through record highsAfter bumping above $50/bbl in intraday trades earlier in the week, the near-month benchmark crude contract closed above $50/bbl Oct. 1, at $50.12/bbl, for the first time in the 21 years that crude futures have been trading on the New York Mercantile Exchange.By Oct. 5, the November crude contract had jumped to a new high closing of $51.09/bbl, then set another record closing of $52.02/bbl Oct. 6 after touching an all-time high of $52.15/bbl in that session.Still, said Paul Horsnell, Barclays Capital Inc., London, "There is no more of a suggestion now than there was at $40[/bbl] that a cap on prices is yet in place. So far, t...

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