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Glut concerns pushing down oil prices to Great Recession lows

Wednesday, December 9, 2015 - 05:50


OIL prices are flirting with  Great Recession lows following last week's fractious Opec meeting.

Brent oil prices have plunged 5 per cent from US$45.1 early last Friday to US$42.9 a barrel while US West Texas Intermediate hovered around US$38.7 - a six-year low, on the

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