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Oil rises as US inflation eases

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Oil prices rose on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, though Brent crude was still set for a weekly decline. Brent crude futures were up 49 cents, or 0.57%, to $85.89 a barrel at 1247 GMT. U.S. West Texas Intermediate crude futures were 69 cents, ...

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