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Oil is the highest level in 2019 due to Chinese consumption
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Oil prices rose to their highest level since the start of the year on Monday after data showed refinery consumption rates in China, the world's second-largest crude consumer, jumped to a record last week despite a slowdown in the economy.
Global Brent crude futures were $ 62.77 a barrel by 0726 GMT, up seven cents, or 0.1 percent, from the previous settlement.
Brent had earlier risen above $ 63 a barrel for the first time since 2019.
West Texas Intermediate crude futures were $ 53.92 a barrel, up 12 cents, or 0.2 percent. US crude earlier hit $ 54 a barrel for the first time this year.
The data from China's National Bureau of Statistics (NBS) showed on Monday that crude oil consumption reached a record high of 603.57 million tons in 2018, or 12.1 million bpd, up 6.8 percent from the previous year.
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