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Brent crude oil reversed early losses to trade back above $106 a barrel Friday, rebounding off a two-month low as traders assessed the likelihood of a sustained recovery in supply from Libya.Brent remains on course to finish the week almost 1 percent lower, however, and has seen its premium over U.S. crude drop to its lowest in almost a month, as the startup of a major pipeline next week is expected to let more fast-rising shale production flow from U.S. Midwest to Gulf Coast refineries.
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