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Oil prices edge up, but glut fears cap gainsZueitina_oil_terminal_reuters_070414.JPG

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Oil prices edged up today but further gains are unlikely, analysts said, owing to ongoing concerns about a global supply glut, while increasing dollar strength will also likely weigh on the downside. US benchmark West Texas Intermediate for August delivery rose 19 cents to US$51.10 a barrel and Brent crude for September, a new contract,...

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