Oil rallies on softer U.S. inflation but still down 12% at half-year mark By

Oil rallies on softer U.S. inflation but still down 12% at half-year mark By

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Investing.com - Oil markets rose more than 1% Friday as softer U.S. inflation data suggested the Federal Reserve could be a little restrained in its hawkish talk to rein in price growth via rate hikes. But while crude futures are also higher for the week and month, they were on course to end the…

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