June 28, 2013 12:03 PM

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Oil rises in Asia on upbeat US economic data

Oil prices rose in Asian trade today after a brief dip as dealers digested upbeat US economic data and comments from a Federal Reserve official that its stimulus programme will not end soon.New York's main contract, West Texas Intermediate light sweet crude for delivery in August, was up nine cents at 97.14 dollar a barrel and Brent North Sea crude for August gained 18 cents to 103.00 dollar in morning trade

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