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Oil gets a push toward growth
Oil gets a push toward growth

Oil gets a push toward growth

Brent oil prices have risen by nearly 7% in a week. The removal of quarantine restrictions in China contributed to this growth. The increase in China's crude oil import quotas will push demand higher. Additionally, hopes that the US interest rates will start to be hiked more slowly is whetting investors' risk appetite. As such, the upward trend for oil prices may continue.


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