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Robertson said there was a downward bias for crude prices given soft demand and weak sentiment in Europe but forecast a floor of $95 a barrel before sentiment improves in the second half of the year. In other energy trading, heating oil was up 0.1 cent to $3.06 per gallon and gasoline futures rose 3.1 cents to $2.76 per gallon. Natural gas fell 14.3 cents to $2.55 per 1,000 cubic feet.
[Associated
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