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Oil falls as demand fears persist

AFTER a positive start to the week, the oil price slipped back down to $US50 a barrel last night,...

Marija Stojkovic

New York’s Western Texas Intermediate shed around $US3.60 to settle at $US50.02/bbl. On Monday, the oil price rallied to a high of $US54.23 before settling slightly lower at $US53.63 as confidence returned...

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