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Oil prices rise on U.S. stimulus hopes
Oil prices rose Monday on hopes of more US financial stimulus aimed at boosting the world’s biggest economy, a prospect that was helping to offset disappointing Chinese data, analysts said. Brent North Sea crude for delivery in October gained 73 cents to $114.98 a barrel in London morning trade. New…
Oil prices diverge before US payrolls data
World oil prices diverged on Friday amid caution before key payrolls data in top crude consumer the United States, and as Greece reached a debt deal with private creditors to avert bankruptcy. New York’s main contract, West Texas Intermediate (WTI) or light sweet crude for delivery in April, added 34…
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