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Oil dives under $US60

OIL prices fell below $US59 a barrel last night, the first time since March 2007, amid growing fe...

Marija Stojkovic

Last night, New York's Western Texas Intermediate touched a low of $US58.5/bbl before closing marginally higher at $US59.41. On Monday the commodity rose more than $US1 to $62.19/bbl after touching a...

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