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Oil prices steady after 7% weekly drop

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Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about demand in China, the world’s top oil importer, and an easing of concerns about potential supply disruptions in the Middle East. Brent crude futures LCOc1 rose 8 cents, or 0.11%, to $73.14 a barrel by 0120 ...

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