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Oil edges higher ahead of inflation data after downbeat week

LONDON :Oil prices perked up in muted trade owing to public holidays in Britain and United States after a downbeat week characterised by the outlook for U.S. interest rates in the face of sticky inflation. The Brent crude July contract was up 76 cents at $82.88 a barrel by 1411 GMT. The more active August co ....

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Oil Steadies After Weekly Decline on US Interest Rate Prospects

Oil Steadies After Weekly Decline on US Interest Rate Prospects
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Oil edges higher ahead of inflation data after downbeat week | Hellenic Shipping News Worldwide

Oil edges higher ahead of inflation data after downbeat week | Hellenic Shipping News Worldwide
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Oil rises over $1 a barrel ahead of inflation data after downbeat week

As of 12:10 p.m. ET (1610 GMT), the Brent crude July contract increased by 99 cents, reaching $83.11 per barrel. The more actively traded August contract rose by $1.08 to $82.92. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures climbed $1.06, reaching $78.77 per barrel. ....

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