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Oil hits $100 a barrel despite deal to release record amount of reserves
Oil hits $100 a barrel despite deal to release record amount of reservesOsmond ChiaBusiness reporterReutersLong queues were seen at petrol stations in the PhilippinesBrent crude rose by almost 9% to top $100 ($74.79) a barrel in Asia trading even after all 32 members of the International Energy Agency's (IEA) said they will release 400 million barrels in response to supply concerns.On...
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