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Oil rises on expectations of Fed rate cut, another U.S. crude drawdown

July 30, 2019 by  
Filed under News

Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the U.S. Federal Reserve will cut interest rates this week for the first time in more than 10 years, boosting demand expectations in the world’s biggest oil user.


Source: Reuters Business News

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