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Oil settles higher on hopes Fed will track European Central Bank rate cuts

OIL settled up 2 per cent on Thursday (Jun 6) after the European Central Bank (ECB) opted to cut interest rates, spurring hopes that the Fed will follow suit, and Opec+ ministers reassured investors the latest oil output agreement could change depending on the market. ....

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BSP likely to keep policy stance tight - BusinessWorld Online

BSP likely to keep policy stance tight - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Oil rises on strengthening Fed rate cut expectations

Oil rose in early Asian
trading on Thursday on rising expectations the Federal Reserve
will cut interest rates in September, and as the market
rebounded from a selloff related to growing U.S..
-June 05, 2024 at 09:24 pm EDT
- MarketScreener ....

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Oil Rises on Strengthening Fed Rate Cut Expectations

Oil rose in early Asian trading on rising expectations the Federal Reserve will cut interest rates in September ....

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Oil rises on strengthening Fed rate cut expectations

Brent crude futures rose 27 cents, or 0.34%, to $78.68 a barrel by 0103 GMT, while U.S. West Texas Intermediate crude futures rose 36 cents, or 0.49%, to $74.43. ....

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