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Latest Oil Prices, Market News and Analysis for July 29

Oil edged higher from near a six-week low after positive economic signals from China over the weekend before an OPEC+ meeting later in the week.

Brent crude climbed above $81 a barrel after falling 1.5% on Friday to notch a third weekly drop, with West Texas Intermediate near $77. Despite the still-shaky outlook, there were signs of strength in Chinese manufacturing, with industrial profits improving in June.


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