Oil prices up on strong US demand, Fed signals in focus

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8 months ago

TOKYO, Japan — Oil prices rose on Wednesday on expectations of strong global demand, including in the world’s top consumer the United States, and as even somewhat sticky U.S. inflation did not dent expectations the Fed might start cutting rates soon. Brent futures for May delivery were up 36 cents, or 0.44 percent, at $82.28

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