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Oil boosted by China data as traders await OPEC meeting

“Oil rose alongside equity markets in Asia after data showed a pickup in manufacturing activity in China” writes Deputy Markets Editor for marketwatch.com. Oil futures rose Monday, buoyed after signs of a rebound in manufacturing activity in China as well as the potential for OPEC and its allies to agree on deeper production cuts when they meet later this week. January natural-gas futures NGF20, +0.96%  were up 1.6% at $2.316 per million British thermal units.
Source: marketwatch.com

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