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Oil plummets on weak demand

OIL prices continued their downward trend this week, dropping well below $US124 a barrel as fears...

Marija Stojkovic
Oil plummets on weak demand

Last night New York's Western Texas Intermediate rallied to reach $US125.58 but closed at $US124.62 after falling to a seven-week low of $US123.73 on Wednesday. Analysts say the price rebounded...

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