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MARKETS

Woodside, Caltex hit highs

The two ends of the hydrocarbon chain featured this week in positive market moves. Downstream refiner Caltex hit its highest peaks since the late 90s as it posted trades above $8 this week.

Brendan Egan

It is a long way since the dark days of 2002 when it never moved above the $2.50 mark. No doubt the high oil price is making itself strongly felt in the company’s earnings. Woodside continued its strong...

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