Crude oil rallies on China stimulus, raising hopes for stronger energy demand

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Crude oil prices rose more than 3% on Tuesday, recouping some of their sharp losses in the previous session, after China’s central bank cut its key short-term lending rate in an effort to spark a lackluster post-COVID economic recovery.

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ChinaCrudedemandenergyhopesOilraisingralliesStimulusStronger
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