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Oil soars on cold snap

OIL has started the new year above $US80 a barrel as cold weather batters the United States, Euro...

Marija Stojkovic

Last night, New York’s Western Texas Intermediate settled at $81.77/bbl, the highest sentiment since October 9, 2008. Singapore’s Tapis also rose, up 61c to close at $84/bbl. Cameron Hanover president...

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