Crude Climbs from a 6-week Low. Chinese Shares Rise

Crude oil price recovers as a -2.08% selloff sending price to a 6-week low spurs buying interests. Stock markets are mixed but strong earnings reports from Chinese machinery companies boost optimism on better outlook in emerging economies in the second half. Decline in USD against EUR also increases attractiveness of oil investments.

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Crude Climbs from a 6-week Low. Chinese Shares Rise

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