Oil Gains 1% as Investors Await Fed’s Powell Speech

(Reuters) – Oil prices jumped more than 1% on Friday as the dollar firmed ahead of an eagerly awaited speech by the head of the U.S. Federal Reserve for hints on the outlook for interest rates. Brent crude rose 93 cents, or about 1.1%, to $84.29 a barrel by 1104 GMT. U.S. West Texas Intermediate … Read more

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