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Demand concerns continue to haunt oil

OIL prices have ended the month on a low, dropping 3.8% last night amid continued worries about h...

Marija Stojkovic

New York’s Western Texas Intermediate closed at $U71.65 a barrel, dropping $2.85 or 3.8% while Singapore’s Tapis shed 45c to settle at $82.56/bbl. Oil retreated as traders speculated that stormy weather...

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