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Oil edges higher US interest rate cut counters weak demand

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Oil prices rose slightly on Monday after last week’s cut to U.S. interest rates and a dip in U.S. crude supply in the aftermath of Hurricane Francine countered weaker demand from top oil importer China. Brent crude futures LCOc1 for November edged up by 14 cents, or 0.19%, to $74.63 a barrel by 0815 GMT. ...

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