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MARKET WATCH: Iraqi angst sends crude prices higher in New York, London

13.06.2014 / Energyboardroom

Angst over a bold military campaign by Sunni insurgents in Iraq and continued supply outages in Libya sent next-month futures prices for Brent crude above $113/bbl on June 12—the highest level this year, according to Paris-based International Energy Agency’s June Oil Market Report.

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