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Oil tumbles for third week 'as fear selling spreads'Oil tumbled for a third straight week as crumbling equity markets across the globe stoked concern about a slowdown in energy demand growth. Friday’s 0.4 per cent gain New York-traded futures wasn&rs More… |
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Oil prices fall as US drillers add new rigsCrude prices fell over 1.5 per cent on Monday after US oil drillers added rigs to look for new production as producers adapt to cheaper crude, with speculators cutting positions betting on further price rises. Brent crude futures More… |
