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Oil Rises On Rebounding Chinese Demand, Geopolitical Risks

Brent crude futures were up 70 cents, or 0.78%, to $90.53 per barrel.
Brent crude futures were up 70 cents, or 0.78%, to $90.53 per barrel.
Oil rose on Thursday as the prospect of higher Chinese demand and heightened geopolitical risks outweighed recession fears after a flurry of central bank interest rate hikes, including from the Bank of England.
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