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Oil prices rise for a second day on China demand, U.S. stockpile drop

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Oil prices rise for a second day on China demand, U.S. stockpile drop

SEOUL (Reuters) – Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world’s second-largest crude user, amid tightening supply as producers curtail output and as oil inventories in the United States fell unexpectedly.