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Oil Updates — Crude prices slip; China's October oil imports rebound; Kuwait state oil firms get new CEOs

RIYADH: Oil prices fell more than $1 a barrel on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil demand rebound at the world’s top crude importer. Brent crude futures dropped $1.04, or 1.06 percent, to $97.53 a barrel by 08.10 a.m. Saudi time, after hitting as low as $96.50 earlier. US ....

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