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Oil slips after 4-day rally on demand concerns, stock levels

Weak data from key consumer China muddies demand outlook

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Oil Prices fell on Wednesday as renewed concerns over global demand and high stock levels halted a rally that pushed up prices by about 19 per cent over the past four sessions.

Singapore

OIL Prices fell on Wednesday as renewed concerns over global demand and high stock levels halted a rally that pushed up prices by about 19 per cent over the past four sessions.

The recent rebound was driven by hopes that prices may have hit a bottom after a seven-month

sentifi.com

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