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Tag Archives: Oil prices edge up on signs of improving demand

Oil prices edge up on signs of improving demand


August 26, 2022

Oil prices rose as much as $1 on Friday on signs of improving fuel demand, although further gains were capped as the market awaited clues from the US Federal Reserve chairman on the outlook for rate hikes in a speech later in the day. Brent crude futures climbed 87 cents, or 0.9 per cent, to $100.21 a barrel by 0410 …

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