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Demand, stocks weighing down on US oil

AFTER trading near a seven-week high on Monday, oil retreated last night as worries about another...

Marija Stojkovic

The West Texas Intermediate crude slid down from $US71.58 per barrel on Monday to $US71.42 on Tuesday. However, Singapore’s Tapis crude continued to make small gains, putting on 8c to close at $US78.91/bbl...

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