Oil rises on China's export data

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Source: Bloomebrg
Oil advanced for the first time in 3 days as China posted positive export data, which surpassed economists' expectations, signalling economic growth in the world's second biggest crude consumer. Crude for February settlement rose 43 cents to $93.53 a barrel and traded at $93.47 as of 12:55 in Singapore. Brent for February delivery gained 18 cents or 0.2% to $111.94 a barrel.
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