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Oil prices climb amid demand hopes

NEW YORK, Aug. 10 (Xinhua) -- Oil prices gained on Monday as market sentiment was boosted by signs of improving energy demand.


Aramco still aims for US$15bil investment in India’s Reliance

RIYADH: Saudi Aramco said it’s still working on a deal to buy a US$15bil stake in Reliance Industries Ltd’s refining and chemicals business, even as lower oil prices forces it to slash investment spending.