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"We expect the supply-demand balance to continue to tighten in the fourth quarter as continued global economic growth
-- albeit likely at a slower pace than in the first half -- continues to strengthen demand," Goldman Sachs said in a report. In other Nymex trading in November contracts, heating oil fell 0.14 cent to $2.283 a gallon and gasoline rose 0.61 cent to $2.143 a gallon. Natural gas gained 1.2 cents to $3.669 per 1,000 cubic feet. In London, Brent crude dropped 35 cents to $83.85 a barrel on the ICE Futures exchange.
[Associated
Press;
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