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Oil stabilizes on German, Chinese data; oversupply weighs - Reuters
Reuters | Oil stabilizes on German, Chinese data; oversupply weighs Reuters LONDON Oil prices stabilized on Tuesday as strong German economic data and a year-on-year increase in Chinese crude imports balanced concerns about Asia's economic growth and global oil oversupply. German exports and imports hit record highs in ... Weak economic outlook and oversupply weigh on oil markets Weak economic outlook weighs on oil Oil prices stabilise on strong German data, but slowing Asia still weighs |
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