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2024-09-20 01:08:04
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Summary of Oil prices set to end week higher after US rate cut

Summary of Oil prices set to end week higher after US rate cut
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Oil prices are on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. Brent futures have gained 4.3% this week, while U.S. crude has registered weekly gains of 4.8%. The benchmarks have been recovering after they fell to near three-year lows on September 10.
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