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Oil prices up as traders weigh demand and supply issues

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Oil prices up as traders weigh demand and supply issues

  HONG KONG, China (AFP) — Oil began inching upward on Thursday after a day of losses over demand concerns linked to the Covid-19 lockdown in China. Ongoing restrictions in the country, including in the economic hub of Shanghai where tens of millions are confined to their homes, have hit transport networks but traders are balancing the demand shock alongside threats to supply caused by the war in Ukraine with European Union countries mulling bans […]

   

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