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Oil Prices Fall Back on Weak China, US Economic Data

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Published:
Tue, May 16, 2023
Editor
Chris Raine
Finance,Trading,Stocks,Investments
TJmedia/Shutterstock

Oil futures dipped on Tuesday as weaker-than-expected economic data in China and the US offset a forecast of higher global demand from the International Energy Agency (IEA).

Topics:
Oil Futures and Derivatives, Oil Prices, Oil Demand, Oil Supply
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