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Oil bounces as China, U.S. data ease recession concerns

https://www.fxempire.com/news/article/oil-slides-amid-recession-fears-slow-recovery-in-china-imports-1089025
By Florence Tan SINGAPORE (Reuters) – Oil prices dropped on Monday, hovering near multi-month lows, as recession fears hurt demand outlook and data pointed to a slow recovery in China’s crude imports last month…

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