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Oil rises as US oil stocks drop

OIL prices took a lead from the US stock market, rising to a one-week high last night on the back...

Marija Stojkovic
Oil rises as US oil stocks drop

New York's Western Texas Intermediate settled at $US75.44 a barrel, the highest settlement this week, while Singapore's Tapis closed just under $US78/bbl. The US stock market rose higher on positive...

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