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Crude Oil Rises on Higher US Federal Reserve Rate Cut

Utapate crude oil blend

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By Adedapo Adesanya Crude oil went up on Wednesday after the US Federal Reserve announced an anticipated rate cut announcement, with Brent increasing by 0.3 per cent or 23 cents to $73.88 per barrel and the West Texas Intermediate (WTI) expanding by 0.1 per cent or 8 cents to $70.99 a barrel. The US central […]

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