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Local Time: 5/9/2010 8:58:49 PM GMT Time: Sun, 5 Sep 2010 18:58:49

Oil extends gains in Asian trade (7/20/2010)

Oil prices extended gains in light Asian trade today, riding a rebound the previous session following a modest rise on Wall Street, analysts said.

New York's main contract, light sweet crude for delivery in August, rose 24 cents to $76.78 a barrel on its last day of trade, while Brent North Sea crude for September gained 29 cents to $75.91.

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