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Oil Advances Toward $70 Amid Uneven Recovery in Global Demand

Oil climbed toward $70 a barrel Thursday as traders assessed an uneven recovery in global demand, with falling U.S. stockpiles pointing to rising consumption even as virus-hit India struggles. Global benchmark Brent, which just failed to top that level on Wednesday, was 0.3% higher after erasing an early decline. While major crude importer India is…

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