June 9, 2010 12:05 PM

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Oil prices extends gains in Asian trade

Oil prices extended gains in Asian trade today after a weekly industry report showed demand for crude increased in the world's largest energy-consuming nation. New York's main futures contract, light sweet crude rose 53 cents to 72.52 dollars a barrel while London's Brent North Sea crude added 20 cents to 72.50 dollars.

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