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OPINION

High oil prices trigger a possible tax attack

OIL continued its stellar run last week towards the magical price of US$100 a barrel but in the background Slugcatcher saw two negative developments that could rub the gloss off the price, talk of a windfall tax on profits and the unexpected appearance of a big bear.

Slugcatcher
High oil prices trigger a possible tax attack

On commodity markets it was all positive news for oil and gas producers with Brent quality crude soaring on Friday to $95/bbl after the release of a market roiling US inflation report, and renewed fear...

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