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WALL STREET INSIGHT

Slide in oil prices set to fuel US stocks rally

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This week, US stocks are likely to continue their record run as the traditional end-of-year rally gets an extra lift from a dramatic drop in petrol prices.

THIS week, US stocks are likely to continue their record run as the traditional end-of-year rally gets an extra lift from a dramatic drop in petrol prices.

The national average price of petrol has fallen every day now for about a month-and-a-half to US$2.91 a gallon (3.8 litres) on Friday