12-07-2024 13:44 via rocketnews.com

Oil prices higher after cooler U.S. inflation data

Oil futures rose Friday morning, aiming for a third straight winning session, after finding modest support the previous day following a cooler-than-expected June consumer-price index reading that reinforced expectations for the Federal Reserve to begin cutting interest rates later this year.
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[mwai_chat context=”Let’s have a discussion about this article:nnOil futures rose Friday morning, aiming for a third straight winning session, af
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