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Energy firms hit by oil dive; North Korea crisis fuels uncertainty

Published Thu, Jul 6, 2017 · 09:50 PM

Hong Kong

ASIAN energy firms sank on Thursday following a plunge in oil prices while equity traders remained on edge after North Korea's latest missile test and warnings from the US it would use force to deal with the nuclear-armed state.

Crude fell around 4 per cent on Wednesday on renewed concerns about a global supply glut that overshadowed data pointing to a drop in US stockpiles.

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