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US crude falls below US$28 after IEA's 'drown in oil' remark
Published Wed, Jan 20, 2016 · 09:50 PM
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Singapore
US crude tumbled below US$28 a barrel in Asia on Wednesday, hitting new 12-year lows, after the International Energy Agency (IEA) warned that the oil market could "drown in oversupply".
West Texas In…
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