OilpricesonThursdayremainedclosetohighstouchedthepreviousdaythatwerelastseeninlate2014,buoyedasU.S.crudeinventoriesdeclinedandastopexporterSaudiArabiaisexpected
Oil prices rose to two-month highs on Monday, ending the strongest month of the year for crude futures, boosted in part by threats of US sanctions against Venezuela's oil sector.
OilpriceswerelittlechangedonFridayaheadofakeymeetingofmajoroilproducingnationsnextweek,sittingbelowthe$50perbarrellevelthatwasbrieflybreachedforthefirsttimein6w
Hong Kong stocks are expected to open lower Wednesday, as the Hang Seng Index futures July contract fell 0.4 per cent or 85 points to 20,640 in the pre-opening session.
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