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Latest News from Energy Services

Oil prices ease on slowing China demand, falling US inventories cap losses

Oil prices eased on Wednesday, with global benchmark Brent hovering near a one-month low hit in the prior session on signs of weakening demand in China, although losses were capped by declining U.S. oil stockpiles. ›

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Oil falls on lingering demand concerns in China

Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will begin cutting its key interest rate as soon as September limited declines. ›

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