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Oil hits eight-month highs on US inventory draw, China imports - Reuters
Reuters | Oil hits eight-month highs on US inventory draw, China imports Reuters The market inched higher after Chinese trade data showed that its exports fell more than expected in May, but imports beat forecasts, adding to hopes that the economy of the world's second-largest oil user may be stabilising. Its crude imports last ... US oil closes above $50 for first time since July amid supply draw forecasts Oil prices march past $50 amid signs of US inventory falls Loonie, TSX higher as oil above $50 |
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