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MIDDLE EAST

'Austerity on steroids' won't fix oil glut

SHAKIER than ever growth and doggedly persistent supply in the face of low oil prices has prompte...

Anthony Barich

The National Australia Bank also believes the glut will drag on into 2017. The reports came as oil plummeted to a six-year low in New York yesterday as OPEC production rose while China devalued the yuan,...

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