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Oil posts third weekly loss on delayed US Fed cuts; Brent at $79: Buy or sell?

Sat Jun 8 , 2024
Crude oil prices extended losses in the previous session, reporting a third straight weekly loss as investors weighed the reassurances by the Organisation of Petroleum Exporting Countries and its allies (OPEC+) against the latest US jobs data which lowered expectations that the US Federal Reserve will cut interest rates soon. […]
Oil posts third weekly loss on delayed US Fed cuts; Brent at $79: Buy or sell?

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