UPDATE 7-Oil slips but bounces off low on hopes for China stimulus
07 Oct UPDATE 7-Oil slips but bounces off low on hopes for China stimulus
Posted at 15:52h
in
News
by KMFSLLP
Oil prices fell on Monday but
pared losses along with the U.S. stock market as investors bet
that China’s economic stimulus steps on Sunday would be
sufficient to boost the world’s No. 2 economy and bolster its
crude demand.
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