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Brent tops US$61 as outlook brightens

Published Sun, Feb 15, 2015 · 09:50 PM

London

BRENT oil prices soared above US$61 last week for the first time this year, aided by upbeat news on Ukraine and Greece and by rebounding economic growth in eurozone powerhouse Germany.

Elsewhere in commodity markets, India overtook China as the world's top consumer of gold, according to newly published industry data.

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