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Crude Oil Rises on Higher US Federal Reserve Rate Cut

Utapate crude oil blend

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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