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Oil prices extend gains on optimism over China's fuel demand recovery

Por: CNBC Business January 18, 2023

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OPEC+ has recently hinted it could impose deeper output cuts to spur a recovery in crude prices.Vcg Visual China Group Getty ImagesOil prices rose on Wednesday, extending the previous session's gains, driven by optimism that a relaxation of China's strict Covid curbs will lead to a recovery in fuel demand in the world's top oil importer. futures were up 52 cents, or 0.6%, at $86.44 a barrel at 0151 GMT, following a 1.7% rally... + full article



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