| GEO Business | | Oil prices linger above 71 dollars in Asian trade | Updated at: 0835 PST, Friday, June 19, 2009
SINGAPORE: Oil prices lingered above 71 dollars a barrel in Asian trade Friday spurred by hopes that the worst is over for the ailing global economy, analysts said.
New York's main futures contract, light sweet crude for delivery in July, gained nine cents to 71.46 dollars a barrel. Brent North Sea crude for August delivery advanced 15 cents to 71.21 dollars.
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