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Oil prices up on buying spree

A BUYING spree and comments by OPEC kingpin Saudi Arabia saw oil prices post the biggest single day rise

Marija Stojkovic
Oil prices up on buying spree

New York’s Western Texas Intermediate rose to settle above $US70 a barrel as traders snapped up commodities due to the weaker US dollar. Singapore’s Tapis remained unchanged at $US69.90/bbl. “It's been...

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