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Oil prices rise after US interest rate cut

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Oil prices rose more than 1% on Thursday after a large interest rate cut from the U.S. Federal Reserve, helping Brent to recover from below $69 last week – its lowest all year – to above $74. Brent crude futures were up 90 cents, or 1.2%, to $74.55 a barrel at 1303 GMT, while WTI ...

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