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Swelling inventories push oil down

OIL prices fell on Thursday as rising stockpiles and the strengthening US dollar reduced the appeal of commodities as an investment.

Swelling inventories push oil down

June crude settled 1.7% lower to $US74.4 a barrel on the New York Mercantile Exchange while July contract settle higher at $US78.49/bbl. Singapore's Tapis dropped after trading above $US85/bbl on Wednesday....

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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