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Demand fears return to haunt oil

OIL prices retreated from Tuesday's 17-month high as reality returned to the market after another...

Marija Stojkovic

Demand fears return to haunt oil

New York's Western Texas Intermediate settled at $US85.61 a barrel last night after steadily falling from Tuesday's high of $87/bbl. Singapore's Tapis also retreated to close just above $87/bbl. Oil...

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