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Oil slips to near $91 after China tightening move

Oil slips to near after China tightening move
Oil prices skidded to near a barrel Monday in Asia as the dollar gained against the euro and after China’s latest move to restrict lending raised the prospect of weaker demand for crude.
Read more on Seattle Times

Asia stocks set for big weekly fall
Asian stocks were set to post their worst weekly performance in nearly two months as rising inflation within the region increased the risks of aggressive policy action and hurt growth in the world’s engines such as China and India.
Read more on Cape Argus

Posted in Asia.

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