![](https://images.news18.com/ibnlive/uploads/2020/08/2020-08-17T022911Z_1_LYNXNPEG7G024_RTROPTP_2_GLOBAL-OIL.jpg)
Oil prices climbed higher on Monday, lifted by China's plans to ship in large volumes of U.S. crude in August and September, outweighing concerns over a slowdown in demand recovery after the coronavirus pandemic and an uptick in supplies.
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