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Oil at seven-week high

UPBEAT economic news and a drop in US oil inventories helped pushed the oil price to a seven-week...

Marija Stojkovic
Oil at seven-week high

New York's Western Texas Intermediate rose 2.11% to settle at $US79.97/bbl, the highest price settlement since August 10 after a string of positive US economic reports. Singapore's Tapis also rallied,...

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