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Oil rises on tighter US market, strong China imports - Reuters
Reuters | Oil rises on tighter US market, strong China imports Reuters Strong Chinese oil import data also supported crude prices, traders said. With the Organization of the Petroleum Exporting Countries (OPEC) leading a production cut, analysts said that global oil markets were now broadly balanced after years of oversupply. Oil cuts losses by the finish as US crude supplies fall a third week IEA: Oil Prices To Hit A Ceiling In 2018 Australian oil stocks recover as crude price turns |
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