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china import more oil from Msia according to reports....(Imports from Malaysia tripled from a year earlier to 1.18 million tonnes, and up from June's 1.17 million tonnes.)
Oil jumps 5% after 7 days of losses, boosted by weaker dollar
ENERGY Tuesday, 24 Aug 2021 6:33 AM MYT
NEW YORK: Oil prices rose more than 5% on Monday, as a weaker dollar and strong global equities markets boosted crude futures after seven sessions of declines.
Brent crude climbed US$3.57, or 5.5%, to end the session at $68.75 a barrel after touching its lowest since May 21 at $64.60 during the session.
