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The Oil Report, June 27, 2006

Today’s oil news is pretty thin with most of the newsrags reporting that investors are sitting and waiting for the Fed report to gauge where future commodity prices will be heading. We are seeing new discoveries of oil all over the Ugandan area, with 4 new reports surfacing very recently.1 The Albertine region is possibly rich in crude and shale oil varities, and has seen much more attention from international companies in the past few years. Read this entire article at the oil report site.