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mpc: 12 Brent oil prices had risen by over 10% on the month although the level of the dollar price had remained broadly within the range seen since August 2005. The rise on the month had seemed to reflect uncertainties about future supplies from Iran and Nigeria, despite the continuing relatively high levels of crude oil stocks in the United States. Export price inflation in the United Kingdom's major trading partners had unexpectedly picked up in Q4 2005.