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Oil climbs back above $US40

AFTER a dismal start to the week, the oil price closed above $US40 a barrel last night as hope of...

Marija Stojkovic
Oil climbs back above $US40

Last night crude oil for March delivery rose 12c to settle at $US43.67 a barrel on the New York Mercantile Exchange. New York's Western Texas Intermediate was little changed, closing at $US42.33/bbl....

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