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Asian shares retreat, oil near three-month high on Iraq concerns

Last Updated: Thursday, June 12, 2014, 10:06

Japan`s Nikkei share average led the retreat, falling 0.9 percent while MSCI`s broadest index of Asia-Pacific shares outside Japan dipped 0.15 percent.

Oil prices higher before OPEC decision

Last Updated: Wednesday, June 11, 2014, 17:51

Oil prices rose on Wednesday as markets awaited the outcome of OPEC`s latest meeting to decide on the cartel`s oil output target level.