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Oil swings like a yo-yo

OIL prices slumped around 4% last night as more sour economic news heightened worries that energy...

Marija Stojkovic

Oil swings like a yo-yo

Light sweet crude for April delivery settled down $US1.77 or 3.9% to $US43.61 a barrel on the New York Mercantile Exchange. New York's Western Texas Intermediate also dropped, shedding more than $US1.74...

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