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Oil steadies as traders await direction from U.S. inflation data, article with image

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Oil steadies as traders await direction from U.S. inflation data, article with image

Transport Fuels · 9:36 PM PST

A view shows oil terminal Kozmino near Nakhodka

Oil prices steadied on Thursday after falling for three days as the impact of renewed COVID curbs in China, the world’s biggest crude importer, weighed and traders await U.S. inflation data that may give direction on further interest rate increases.

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