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Page added on December 29, 2005

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Oil Predictions: Slippery Turf

Will 2006 mark the year oil prices finally crack? Probably not. But the jitters are still out there. Crude, now about $58 per barrel for U.S. light sweet West Texas Intermediate [WTI], has slumped after the big run-up caused in large part by summer’s Gulf Coast hurricanes.
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