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Oil falls on persistent glut fears, China data supports - Reuters
Reuters | Oil falls on persistent glut fears, China data supports Reuters LONDON Crude futures dipped toward $47 a barrel on Friday on concerns that a persistent global glut of crude oil and refined products will impede any price recovery. Losses were capped by slightly better-than-expected Chinese economic data reflecting ... Oil Prices Slip Under Pressure From Global Glut in Crude US oil settles up 93 cents, or 2 pct, after Wednesday's big losses Oil prices fall as investors cash in on gains at week's end |
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