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Oil jumps as yuan hits 2016 high; investors put fresh cash into oil - Reuters
Reuters | Oil jumps as yuan hits 2016 high; investors put fresh cash into oil Reuters China's demand exerts a strong influence on the oil markets as its government is taking advantage of low prices to build strategic reserves and gasoline consumption is soaring because of rising car sales in the world's second-biggest oil user. A weaker ... US oil settles down 45 cents, or 1.18 pct, at $37.84 a barrel Oil prices end lower with meeting on output freeze in doubt Why, look: It's an oil price-rigging revival |
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