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Oil steadies as bullish IEA balances Chinese yuan slide - Reuters
Reuters | Oil steadies as bullish IEA balances Chinese yuan slide Reuters However, while slowing demand from China has helped bring down oil prices at a time of oversupply by big producers in the Middle East, oil demand elsewhere is accelerating, the International Energy Agency (IEA) said on Wednesday. The world oil market ... China strengthens hold over oil market as price-maker Crude oil is tumbling Oil is just pennies away from hitting a new bottom |
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