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Oil tanks after US House scuttles rescue plan

THE US House of Representative's rejection of the $US700 billion ($A874.9 billion) bailout packag...

Oil tanks after US House scuttles rescue plan

The Western Texas Intermediate dropped from $US106.77/bbl on Friday to close at $US96.29/bbl on Monday reversing some of the gains made last week. While the drop isn't the largest fall oil has faced...

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