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Brent holds above $104

Brent oil steadied above $104 per barrel on Wednesday, recovering from earlier losses after data from China showed crude imports by the world's second top consumer rose in April, although concerns over faltering global demand growth kept gains in check.

Oil price: Brent oil recovered from earlier losses after Chinese data showed a rise in crude imports
Oil price: Brent oil recovered from earlier losses after Chinese data showed a rise in crude imports
Published 8 May 2013, 05:29Updated 8 May 2013, 05:29