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OIL: The major crude benchmarks edged a tad.....>

OIL
OIL: OIL: The major crude benchmarks edged a tad lower over night with Brent
edging back from multi-year highs, reflecting consolidation following
yesterday's large gains on the back of an OPEC report showing global supply glut
almost eliminated. 
- Brent trades at $78.28 and WTI at $71.08 with the spread hitting a new 3-year
wide. Both benchmarks remain on firm uptrends with significant resistance a long
way off. 
- Federal Reserve Bank of Dallas President Robert Kaplan participates in session
on "Energy, Trade, and Economic Growth" in New York.

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