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Oil prices fall on demand concerns, strong dollar

Reuters
Summary
Nutrition label

78% Informative

Brent crude futures fell by 31 cents , or 0.43% , to $ 72.57 a barrel by 0139 GMT on Friday .

China 's state-owned refiner Sinopec said in its annual energy outlook that China 's imports could peak as soon as 2025 .

The dollar's climb to a two-year high also weighed on oil prices, after the Federal Reserve flagged it would be cautious about cutting interest rates.

VR Score

90

Informative language

97

Neutral language

48

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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