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WTI slumps, Tapis takes off

OIL prices had a turbulent time this week as a rebound in global stocks spurred by interest rate cuts in several countries warred with ongoing concerns about fuel demand in the US.

WTI slumps, Tapis takes off

New York's West Texas Intermediate slumped $US1.66 per barrel to close at $US65.82/bbl on Thursday after a strong gain of more than $US4 to $US67.48/bbl on Wednesday. The retreat came after a report...

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