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Demand forecast pushes oil down

OIL dropped under the $US70 a barrel mark last night as demand worries resurfaced after the US En...

Marija Stojkovic

Demand forecast pushes oil down

New York’s Western Texas Intermediate slipped to $US69.45 while Singapore’s Tapis defied the bleak news to rise to $US80.03/bbl. In its monthly short-term energy outlook, the US Energy Information Administration...

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