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Australian Market Modestly Higher

(RTTNews) - The Australian stock market is trading modestly higher on Friday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight.

Oil prices fall 1pct on hopes of limited supply disruptions

HOUSTON: Oil prices fell about one per cent, extending losses for a third session, but stayed above US$100 on Friday, as hopes of alternative ways for barrels from the Middle East to reach markets outweighed concerns about strikes between Saudi Arabia and Yemen's Houthis.

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