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Concerns over Egypt & inflation push oil derivatives trading volumes to record levels

Oil prices will continue to rise to triple-digit highs over 2011 on long-term Egypt risk premiums and continual unrelated underlying issues, say market experts

map of egypt

Escalating protests and political unrest in Egypt, following ongoing uncertainty as to when president Mubarak will leave office, will continue to push up oil prices in the long term and not just the short term, as risk premiums on oil prices will remain the same.

"Concerns on Middle East stability have clearly pushed oil prices higher," says Andrew Latto, senior analyst at independent research

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