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U.S. crude inventories fell by 1.8 million barrels in the last week as refineries hiked output, compared with analysts’ expectations for an decrease of 67,000 barrels. Crude stocks at the Cushing delivery hub rose by 1.995 million barrels, EIA said. China’s official Purchasing Managers’ Index (PMI) slipped to 50.1 in December from Read More

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