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Oil rises as Saudi cut supports and focus turns to Fed

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Saudi arabiaCity ofUnited kingdomUnited statesJeslyn lerhJason neelyAlex lawlerEmelia sithole matariseYeap jun rongTamas vargaDavid goodmanTexas intermediateYeap jun

Oil rises as investors await US inventory data

The subdued dollar and Fed chair Jerome Powell’s comments on interest rates help crude benchmarks inch up

United statesJerome powellYeap jun rongUs energy information administrationAmerican petroleum instituteTexas intermediateYeap junInformation administrationOil pricesInventory dataWest texas intermediateFederal reserveCrude inventoriesInterest ratesDollar indexInterest rate hikes

Oil steady on subdued dollar, traders await more inventory data - Business

“I think we're in a reasonably balanced market,” says economist.

United statesJerome powellYeap jun rongUs energy information administrationFederal reserveAmerican petroleum instituteTexas intermediateFederal reserve chair jerome powellFed chair jerome powellYeap junInformation administration

Oil steady on subdued dollar, traders await more inventory data

Brent crude futures rose by one cent to $83.70 a barrel at 0405 GMT

United statesJerome powellYeap jun rongUs energy information administrationAmerican petroleum instituteFederal reserveTexas intermediateFederal reserve chair jerome powellFed chair jerome powellYeap junInformation administrationOil prices

Oil Steady On Subdued Dollar, Traders Await More Inventory Data

Oil prices were little changed on Wednesday amid subdued movements in the dollar, and as investors waited for more inventory data for more clues on demand trends.

United statesJerome powellYeap jun rongUs energy information administrationFederal reserveAmerican petroleum instituteTexas intermediateFederal reserve chair jerome powellFed chair jerome powellYeap junInformation administration

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