China is Becoming More and More Influential to Global Energy Market

Crude oil price pares earlier gains as investors used slowdown in industrial production growth as an excuse to take profits. Currently trading at 74.9, the front-month contract for WTI crude oil slips -0.77% from yesterday's close. The contract had risen over the past 3 days, gaining more than +5%. Brent crude remains firm after the benchmark contract soaring to 77.08 earlier.

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China is Becoming More and More Influential to Global Energy Market