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No reprieve for oil prices

CRUDE oil dropped overnight, as continued concern about the weak US economy overshadowed talk of more OPEC cuts to bolster the market.

Marija Stojkovic

Last night, oil for March delivery dropped US74c to $US41.42 a barrel. New York's Western Texas also fell, shedding US46c to $US41.58/bbl. Singapore's Tapis also followed suit dropping to $47.02/bbl....

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