Oil Prices Ease on Signs of Steady Output from Some Producers
by Reuters
|
Devika Krishna Kumar | Monday, July 17, 2017 | 4:11 PM EST
In a sign of strong demand, data on Monday showed refineries in China increased crude throughput in June to the second highest on record. OPEC is hoping higher demand in the second half will drain excess inventories.
(Additional reporting by Alex Lawler in London, Henning Gloystein; Editing by David Clarke and Andrew Hay)
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