Oil Steadies After Slump as IEA Points to Rising China Demand
Oil steadied after sinking to the lowest close in about a month as traders took stock of the outlook for demand in China and the latest sanctions on Russian energy flows came into effect.
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### Instruction: Oil Steadies After Slump as IEA Points to Rising China Demand

### Response: Oil steadied after sinking to the lowest close in about a month as traders took stock of the outlook for demand in China and the latest sanctions on Russian energy flows came into effect.