(Reuters) - Oil held just below $70 on Friday, near an eight-month high set the previous session on fears new problems at U.S. refineries could squeeze gasoline supplies already at unusually low pre-summer levels.
China, the world's second biggest oil consumer, raised interest rates to cool its fast-growing economy. But analysts said it could take time to produce any noticeable impact on its oil demand.
Read more at Reuters Africa
China, the world's second biggest oil consumer, raised interest rates to cool its fast-growing economy. But analysts said it could take time to produce any noticeable impact on its oil demand.
Read more at Reuters Africa
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