PREMIUM FEATURES

Fund buying props up crude price

BIG money fund buying halted this weeks oil price slide, in which prices had dipped below US$50 per barrel for the first time in over a week on signs of swelling crude supplies and possible slower United States growth.

Funds buying back into the market fuelled a late rebound on Thursday after four straight losses. US light crude settled at US$51.77 per barrel, up 16 cents, after earlier sinking as low as US$49.80. London's...

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