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Oil rises as investors return from holidays, eye China recovery

Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed China’s economy and fuel demand following a pledge by President Xi Jinping to promote growth. Brent crude futures rose 16 cents, or 0.21%, to $74.80 a barrel by 0829 GMT after settling up 65 cents ...

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