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Surprise stock levels halt expected price rise

Things are looking grim for motorists as a chain of events continues to conspire against all atte...

Hayden Lilienthal

Crude oil spiked back over US$50 a barrel on Thursday, with worries over the security of Nigerian supplies. US light crude got as high as US$50.10 a barrel, nearing before easing to settle at US$49.64,...

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