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Oil Rises Amid Political Uncertainty in US

Oil regained ground on Monday, with political uncertainty in the US and the Middle East supporting prices, offsetting downward pressure from a stronger dollar and weak demand in top importer China.

Brent crude futures rose 15 cents, or 0.2 percent,

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China’s Industrial Output Rises 5.3 Percent in June

China’s industrial production growth remained stable in June, as industrial upgrading and new quality productive forces continued to advance.

The country’s value-added industrial output, an important economic indicator, expanded 5.3 percent year on y…

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