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Oil stocks have moved lower, with the decline in crude oil prices. This came after news of the limited Israeli withdrawal and hopes that oil-producing states would not halt shipments. Energy analysts said they expected prices to drift somewhat lower, barring any news that might exacerbate fears about oil supplies from the Middle East. The price for May contracts of Brent crude futures slipped by US$0.45 a barrel to US$26.57 in afternoon trading in London.
