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Oil slides 2% as OPEC lowers demand forecast, China stimulus lacks clarity
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Oil slides 2% as OPEC lowers demand forecast, China stimulus lacks clarity

Cs news10 months ago03 mins

Oil prices fell 2% on Monday after China’s stimulatory plans failed to impress traders and oil alliance OPEC lowered its demand forecast. West Texas Intermediate (CL=F) and Brent (BZ=F) each hovered above $73 per barrel.BZ=F) traded above 73 per barrel. The declines came after highly anticipated commentary from China’s Finance Minister over the weekend lacked…

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