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Oil rises
January 20th, 2023 - 09:45 GMT

Oil rises as China optimism grows ahead of Lunar New Year

Oil prices rose further on Friday and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year largely offset fears that a global economic slowdown will dent crude markets. “The two largest economies in the world are needing more crude. The oil market has been down on global recession fears, but it still is showing signs it can remain tight a little ...
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