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Vol. 14, No. 28 Week of July 12, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil above $61 despite uncertain demand

George Jahn

Associated Press Writer

Oil prices rebounded to above $61 July 9, recouping some losses after tumbling 17 percent since the previous week. But rising U.S. gasoline inventories suggested crude demand remains weak, fueling expectations that prices would resume their slide. Benchmark crude for August delivery was up $1.15 to....

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Undermining confidence


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