Oil sees wild swings as US output hits record
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Hong Kong
OIL traded near US$57 a barrel after swinging wildly in the previous session as investors focused on US crude production that climbed to the highest in more than three decades.
Futures were little changed in New York. Prices on Wednesday closed 0.7 per cent lower after soaring 1.3 per cent as multiple platforms suspended operations in the Gulf of Mexico.
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