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Brent Rises By Over $1 To $109.28/B After China Data
Published on Thursday, 25 Oct 10:03 am
Brent futures rose more than $1/B on Wednesday, snapping a 6-day loosing streak, after economic data from China suggested a strengthening recovery of the country’s economy (Reuters). The European benchmark rose by more than $1 to as much as $109.28/B. It fell for a sixth straight session on Tuesday, while US oil gained 71 cents to $87.38/B, snapping a four-day decline.
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