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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Platter who wrote (37859)2/19/1999 6:27:00 PM
From: Platter  Read Replies (2) of 95453
 
North Sea Brent gains 7 cents in U.S. aftermarket

NEW YORK, Feb 19 (Reuters) - North Sea Brent notched up seven cents in late U.S. trading on Friday, traders said.

April Brent was valued at $10.47 a barrel, up from its close at $10.40 earlier Friday on the International Petroleum Exchange.

Traders said aftermarket activity included two full cargoes of April cash Brent at $10.47, both bought by an international major.

Other deals included 400 lots of April Brent cash partial cargoes, also sold at $10.47.

The Brent March-April spread traded at minus 23 cents and at minus 22 cents late Friday, while the Brent April-May spread traded at minus 22 cents, traders said.

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