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Page added on July 20, 2008

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Crude tipped to fall

CRUDE oil may fall this week as US supplies increase and slowing economic growth curbs fuel use in the world’s biggest energy-consuming country.

Ten of 22 analysts surveyed said prices would fall until Friday. Seven said oil would rise and five forecast little change. Last week 63 per cent of those surveyed said futures would increase.

Sydney Morning Herald

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