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FILE PHOTO: Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. Picture taken March 29, 2022. REUTERS/Benoit Tessier/File Photo
BusinessFuelNewsOil

Oil climbs $2/barrel after Fed’s Powell indicates coming US rate cuts

Oil prices rose 1% on Friday on a softer dollar but were still set to end the week lower.

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