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Oil scores new 2015 peaks on tumbling inventories in US

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Oil faced a rollercoaster week, striking five-month peaks on news of an unexpected slump in US crude reserves, before sliding as oversupply worries resurfaced.

London

OIL faced a rollercoaster week, striking five-month peaks on news of an unexpected slump in US crude reserves, before sliding as oversupply worries resurfaced.

"After a strong start to the week, with Brent seemingly heading for US$70 per barrel, the recovery in oil prices