February 4, 2011 9:58 AM

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Oil prices remain high in Asian trade

World oil prices remained high in Asian trade on Friday. New York's light sweet crude was up five cents to 90.91 US Dollars per barrel. Brent North Sea crude gained 25 cents to 102.01 dollars per barrel.Analysts said the market is under pressure from the ongoing political crisis in Egypt where anti-government protests have turned violent.

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