Oil falls on weak Chinese data, stronger U.S. dollar

Oil falls on weak Chinese data, stronger U.S. dollar

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Oil prices fell on Wednesday on a stronger U.S. dollar and as weak data from top oil importer China raised demand fears. Brent crude futures for August delivery were down $1.29, or 1.75 per cent, to $72.42 a barrel at 1013 GMT. U.S. West Texas Intermediate crude (WTI) fell $1.28, or 1.84 per cent,…

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