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West Virginia Digital News / MARKET / Oil prices end higher as CPI data boost Fed rate-cut expectations
MARKET

Oil prices end higher as CPI data boost Fed rate-cut expectations

  • West virginia digital
  • . July 11, 2024
  • 44 Views




Oil futures finished higher on Thursday to tally back-to-back session gains as a decline in a key U.S. inflation gauge fueled expectations for interest-rate cuts this year that may lead to a rise consumer energy demand.



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