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Oil prices rise as China eyes monetary easing to boost growth

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Oil prices climbed by more than 1% on Monday as top importer China flagged its first move towards a loosened monetary policy stance since 2010 in a drive to bolster economic growth, state media reported citing a Politburo meeting. Brent crude futures were up $1, or 1.4%, to $72.12 per barrel at 1356 GMT. U.S. ...

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