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High oil prices, supported by strong Chinese data

2021-04-13T06:31:53.019Z


Singapore-SANA Oil prices rose today as data from China showed an increase in the import growth of the second largest consumer


Singapore-Sana

Oil prices rose today as data from China showed an increase in the growth of the imports of the second largest consumer of oil in the world.

Reuters reported that Brent crude futures rose 31 cents, equivalent to 0.5 percent, to $ 63.59 a barrel, while US crude futures rose 28 cents, or 0.5 percent, to $ 59.98 a barrel.

China's exports increased at the fastest pace last March, in a new impetus for the country's economic recovery, with growing global demand, while import growth jumped to a four-year high.

Source: sena

All business articles on 2021-04-13

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