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Oil steady, little help from Chinese interest rate cut - Reuters UK
Reuters UK | Oil steady, little help from Chinese interest rate cut Reuters UK SINGAPORE Crude futures were little changed on Monday as moves by China to bolster its flagging economy failed to instil confidence that oil demand in the world's largest energy consumer would improve quickly to absorb a global supply glut and lift prices. Crude-Oil Bulls Threatened as Shale Patch Revives Drilling Plans China oil imports surpass those of US for first time Crude oil futures - weekly outlook: May 11 - 15 |
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