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Oil plummets on economic jitters

AFTER a strong start to the week, oil prices plunged almost 5% last night as stocks dropped on ji...

Marija Stojkovic
Oil plummets on economic jitters

New York's Western Texas Intermediate shed about $US4 to close at $US72.96 per barrel while Singapore's Tapis dropped to just above $US80/bbl. Oil fell as equities dropped in a widespread exit of investors...

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