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Oil prices drop as China-U.S. tensions grow, Beijing fails to set economic growth target

Updated : May 22, 2020 01:46 PM IST

Brent crude was trading down $1.43, or 4%, at $34.63 a barrel by 0630 GMT, after falling to as low as $33.54.
Oil prices have risen sharply in recent weeks and are still on track for a fourth weekly gain after the depths plumbed in April when U.S. crude fell below zero.
Oil prices drop as China-U.S. tensions grow, Beijing fails to set economic growth target

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