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Oil prices rebound as US, China fuel demand optimism
short by / on 16 Jul 2025,Wednesday
Oil prices rose Wednesday, ending a two-day decline, as demand prospects in the US and China lifted sentiment. Brent hit $68.96, WTI $66.94 per barrel. Analysts cited seasonal demand, though trade tensions and inflation could limit gains. Retail sentiment on USO ETF remains bearish.
short by / 01:31 pm on 16 Jul
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