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Oil prices rise as Chinas policy easing fuels demand hopes

Oil prices rose slightly early on Wednesday, with market participants expecting to see demand rising in China next year after Beijing announced a looser monetary policy to stimulate economic growth.

Posted by Hicham ALAOUI RIZQ on 2024, Dec 11

Introduction

Oil prices rose slightly early on Wednesday, with market participants expecting to see demand rising in China next year after Beijing announced a looser monetary policy to stimulate economic growth.

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