(Bloomberg) — Oil opened the week in robust form after a raft of economic data from China added to signs of recovery from the coronavirus pandemic just as the OPEC+ alliance presses on with output curbs to drain global inventories.
West Texas Intermediate in New York gained 0.9%, while Brent also climbed. Figures from China for the first two months of the year showed a surge in industrial output, underscoring the strength of its V-shaped recovery and reinforcing expectations for increased…
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