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Oil rallies nearly 2 percent on China import boost, U.S.-Iran tensions
For the week, Brent was up almost 3 percent and US was up over 4 percent. Chinese oil imports hit 9 million barrels per day (bpd) in September, data showed. Imports averaged 8.5 million bpd between January and September, solidifying China's position as the world's biggest oil importer. Tensions between the two, which traders fear could impinge on oil exports from the region, have been building since Iraq's Kurds overwhelmingly backed independence in a Sept.
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