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Oil stabilizes on weaker U.S. dollar ahead of Fed rates decision

Por: CNBC Business March 22, 2023

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Oil prices stabilized on Wednesday following declines earlier as the U.S. dollar eased ahead of a crucial interest rate decision by the U.S. Federal Reserve.Brent crude futures, which have risen by around 3% this week, were up 18 cents or 0.24%, at $75.50 a barrel. U.S. West Texas Intermediate (WTI) crude futures were up 17 cents, or 0.24%, at $69.84.With risk aversion declining, positive equity markets, and a weaker... + full article



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