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Oil rises over 1% on hopes for deeper OPEC cuts, Chinese factory growth

Oil rises over 1% on hopes for deeper OPEC cuts, Chinese factory growth

Oil prices rose more than 1% on Mon­day as signs of ris­ing man­u­fac­tur­ing activ­i­ty in Chi­na point­ed to increas­ing fuel demand, and hints that OPEC may deep­en out­put cuts at its meet­ing this week indi­cat­ed sup­ply may tight­en next year.
Source: CNBC RSS

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