Brent dips on Chinese New Year holiday

Performers in a lion costume dance on poles in Trafalgar Square to celebrate Chinese New Year, in central  London February 1, 2009.  REUTERS/Andrew Parsons    (BRITAIN)

Thin trade: the Chinese New Year holiday caused Brent to dip on Monday

Brent oil futures dipped slightly in Asia early on Monday in thin trading due to the Chinese New Year holiday, but data showing stronger than expected demand growth in China limited losses.

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