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Oil prices set to end week higher after US rate cut

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Oil prices eased on Friday, but were on track to register gains for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. Brent futures LCOc1, which were down 35 cents, or 0.47%, at $74.53 a barrel at 0804 GMT while U.S. WTI crude futures CLc1 were down 25 ...

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