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CNBC

Oil's roundtrip back to $100. Why China could determine what happens next

Saturday, September 12, 2026


U.S. crude oil closed above $102 per barrel on Thursday, marking its highest closing price since May. The article does not provide additional named sources, verifiable facts, or specific details about factors influencing the price movement.

Original reporting: https://www.cnbc.com/2026/09/12/oils-roundtrip-back-to-100-why-china-could-determine-what-happens-next.html

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