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Commodity prices set to slide: World Bank

It forecasts that oil prices will average US$53 a barrel this year; prices of precious metals seen dipping 3%


KEY commodity prices are likely to decline across the board in 2015, roiled by the "perfect storm" in oil markets and signalling further weakness in global economic activity, the World Bank said on Friday.

In its latest Commodity Markets Outlook, it said: "This year may well...

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