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International oil benchmark, Brent crude, retreated on Monday, falling below the $50 per barrel mark on worries about growing Chinese fuel exports, more Iraqi and Nigerian crude shipments and a rising US oil rig count. China’s July diesel and gasoline exports soared 181.8 per cent and 145.2 per cent respectively from the same month last […]
Oil falls below $50 on Nigeria, Iraq supply boost
Source: Business