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Oil slips on speculation of US inventory rise

AFTER closing on Monday at a new high for the year, oil prices retreated slightly last night to e...

Marija Stojkovic
Oil slips on speculation of US inventory rise

New York’s Western Texas Intermediate dropped 64c to settle at $US53.81after touching a high of $US54.83 with traders expecting the US Energy Information Administration to report crude inventories had...

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