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Oil tumbles as greenback rallies

AFTER a strong start to the week, oil was back around $US70 a barrel last night as the US dollar ...

Marija Stojkovic

Last night New York’s Western Texas Intermediate touched a low of $US69.87 a barrel before settling at $71.29/bbl. On Monday the commodity rose more than $US2/bbl on signs OPEC may cut output to shore...

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