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Oil slumps

FEARS that Europe’s debt crisis may worsen sent the oil price tumbling, in the biggest single-day...

Marija Stojkovic
Oil slumps

New York’s Western Texas Intermediate lost US51c to settle at $74.09 a barrel while Singapore’s Tapis closed under the $80/bbl mark. US markets were closed on Monday for the Labour Day holiday. Oil lost...

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