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"The market is anticipating additional favorable U.S. economic news," energy trader and consultant Ritterbusch and Associates said in a report. "And until concerns ease regarding Iranian risk, the market appears capable of maintaining price gains, especially if equities remain strong." In other energy trading, heating oil was down 1.9 cents at $3.26 per gallon and gasoline futures slid 1.3 cents at $3.35 per gallon. Natural gas fell 0.3 cent at $2.35 per 1,000 cubic feet.
[Associated
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