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Obama concern about oil speculation unchanged-W.House

2009-06-18 18:53:01 GMT (Reuters)

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WASHINGTON, June 18 (Reuters) - President Barack Obama remains concerned about speculation in the oil markets, White House spokesman Robert Gibbs said on Thursday.

Asked about why Obama's regulatory reforms earlier this week did not include changes to deal with speculation in the oil markets, Gibbs said the president's concerns had not changed but his proposals were focused on restoring stability to the financial markets.

(Editing by Ross Colvin)

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