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Oil prices rise as markets react to China's recovery plans; traders remain watchful over geopolitical risks and upcoming economic data.
Oil prices expected to remain around $70 per barrel in 2025 amid rising supply and weak demand from China, according to a Reuters poll.
Oil prices uplifted by growing Chinese factory activity but are on track to end the year lower due to demand concerns.
Oil prices see a slight increase as traders look to upcoming economic data from China and the US for insight into global demand.
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