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Oil jumps on supply threat

CRUDE Oil rose last night to trade near $US60 a barrel after a US report showed a drop in inventories

Marija Stojkovic
Oil jumps on supply threat

New York’s Western Texas Intermediate settled at $US59.52 a barrel as the industry-funded American Petroleum Institute reported inventories fell 4.47 million barrels to 366.2MMbbl last week. A fire at...

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