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Pipeline explosion scares bulls into stampeding

ASIA-PACIFIC oil prices were retreating away from $US100 a barrel territory until news of an explosion shutting down Canadian oil pipelines prompted a strong rebound.

Pipeline explosion scares bulls into stampeding

Following analysts predictions that OPEC would increase production, a smaller-than-expected decline in US energy reserves and signs of a healthier US economy following a big jump in US stock markets, oil...

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