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Oil falls to $60 on concerns about China slowdown

Updated : January 15, 2019 06:18 AM IST

China's exports fell by the most in two years in December while imports contracted, official figures showed, pointing to further weakness in what is also the world's second-largest economy.
Crude gave up an earlier gain following the release on Monday of the Chinese figures, the latest to point to an economic slowdown since the second half of 2018.
Oil falls to $60 on concerns about China slowdown
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