| Oil prices fell on Monday on news of a slide in China's fuel imports and as markets digested OPEC's decision to maintain its production target, which analysts said could prolong a supply glut for the rest of the year.
China, the world's biggest net oil importer, bought nearly a quarter less crude in May than it did in the previous month, official data showed. China's imports of oil products also fell by more than 6 percent while oil product exports fell 10 percent...............................................Full Article: Source
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