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Oil, natural gas extend gains on US winter storm

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The prices of oil extended gains to near $98 a barrel on Thursday as a winter storm that slammed the U.S. raised expectations for higher energy demand and amid signs of weak supply growth. By early afternoon in Europe, benchmark U.S. crude for March delivery was up 44 cents to $97.82 a barrel in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract added 19 cents to...

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