Oil steadies as market eyes China recovery, EU embargo

Oil steadies as market eyes China recovery, EU embargo

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Oil prices steadied on Friday but were on track for a second week of losses as the market awaited further signs of fuel demand recovery in China and the impact of an EU embargo and price cap on Russian oil products. Brent crude futures fell 18 cents, or 0.2 per cent, to $81.99 a barrel by 1043…

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