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easyJet and Ryanair slip, Southwest gains - LCC share wrap

Analysis

Worldwide LCC share prices were generally mixed on Friday (10-Jul-09), on a day which saw NYMEX oil prices fall below USD60/barrel. The price of oil dropped 10% last week as fuel stockpiles increased for a fourth consecutive week, with NYMEX oil falling to the lowest settlement since 19-May-2009.

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