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Oil prices hit nine-month peak AFP June 16, 2014 1:15AM Global oil prices have surged to fresh nine-month highs as traders eyed escalating violence in Iraq, OPEC’s second-biggest crude exporter. US benchmark West Texas Intermediate (WTI) for July rose 38 cents to close at $US106.91 a barrel, its highest level since September 18, 2013. Brent […]

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