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Monday, 15 July 2013

Crude Futures Slip as China Data Points to Slower Growth

NEW YORK—Oil futures slipped on Monday after disappointing economic data from China reignited concerns about slowing oil demand in the world’s second-biggest crude consumer.


Light, sweet crude for August delivery fell 18 cents, or 0.2%, to $105.77 a barrel on the New York Mercantile Exchange. Brent crude on ICE Futures Europe fell 18 cents, or 0.2%. to $108.63 a barrel.


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Dan Strumpf, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/wn3Zd9TElBg/

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