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U.S. crude oil trades above $71 per barrel amid Fed rate cut optimism, Gulf of Mexico disruptions

Tue Sep 17 , 2024
U.S. crude oil traded above $71 per barrel on Tuesday, as optimism grows that the Federal Reserve will cut interest rates this week and production is still disrupted in the Gulf of Mexico. “Supply disruptions are making their mark, including Hurricane Francine’s impact on US Gulf of Mexico infrastructure,” said […]

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