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Blue Dolphin Energy Is Adding To Recent Gains

Blue Dolphin Energy (BDCO) gapped up at the open Wednesday and has continued to rise in early trade. Shares are now up 1.09 at $8.10 on above average volume.

Blue Dolphin Energy has been climbing for the past week and a half and is trading at a new high for the year.

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First quarter growth data from China gained the maximum focus this week as trends in the massive emerging economy impact its trading partners. Elsewhere, the IMF released its latest global macroeconomic projections. Read our story to find out why comments from the Fed Chair Powell damped rate cut expectations. Meanwhile, there was some survey data that kindled hopes of a recovery in manufacturing. In the U.K., inflation data for March revealed some confusing trends.

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