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Oil falls on persistent glut fears, China data supports

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Oil falls on persistent glut fears, China data supports
15 July 2016, London — Crude futures dipped below $47 a barrel on Friday on concerns that a persistent global glut of crude oil and refined products will impede any price recovery. Losses were capped by slightly better-than-expected Chinese economic data reflecting government efforts to stabilize growth as well as a drop in Chinese domestic […] More »
Oil falls on persistent glut fears, China data supports Oil falls on persistent glut fears, China data supports Reviewed by Crude Oil Facilitators on 12:45 Rating: 5

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