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Oil falls on weak China demand concerns, Mideast ceasefire talks

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Oil prices eased on Thursday as concerns over weak demand in China, the world’s largest crude importer, and expectations of a nearing ceasefire deal in the Middle East overcame gains in the previous session after draws in U.S. inventories. Brent crude futures for September fell 59 cents, or 0.7%, to $81.12 a barrel by 0630 ...

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