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Oil prices rise on improving Chinese demand

1 min read

Oil prices rise on improving Chinese demand

Oil costs rose on Wednesday, with symptoms of growth in China’s crude imports, even as rising U.S. crude inventories constrained standard fee profits.

Brent crude futures had been up nine cents, or zero.1 percentage, at $seventy three.forty a barrel through 00:03 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 14 cents, or zero.2 percentage, at $69.fifty three a barrel.

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