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SINGAPORE (AP) - Oil prices fell in Asian trading Friday after a big gain Thursday amid concerns that U.S. refineries are still not making enough gasoline to meet demand.
Light, sweet crude for July delivery fell 21 cents to $66.72 a barrel on the New York Mercantile Exchange midmorning in Singapore.
The contract jumped above $67 a barrel early Thursday and settled 97 cents higher at $66.93 a barrel following a U.S. government report that showed refinery utilization fell 1.5 percent last week to 89.6 percent of capacity.
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