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Business News

Oil Market Slumps on Weak Chinese Economic Outlook

crude oil market

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By Adedapo Adesanya The oil market closed lower by more than 2 per cent on Friday due to weaker Chinese demand and a potential slowing in the pace of US Federal Reserve interest rate cuts. Weak data from China continued to affect the market, as Brent crude futures lost $1.52, or 2.09 per cent to […]

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