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Oil rises as US inflation eases

Oil prices rose on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, with Brent crude peaking above $86 though it was still set for a weekly decline. Brent crude futures rose 72 cents, or 0.8%, to $86.12 a barrel by 0819 GMT. U.S. West Texas Intermediate crude ...

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