Oil prices climb on favourable outlook for US fuel demand - Business News, Finance News, Share Market News - Market trendz

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Monday, 12 April 2021

Oil prices climb on favourable outlook for US fuel demand

The U.S. economy is at an "inflection point" amid expectations that growth and hiring will accelerate in the months ahead, but faces the risk of reopening too quickly and sparking a resurgence in coronavirus cases, Federal Reserve Chair Jerome Powell said in an interview broadcast on Sunday.

from Commodities-Markets-Economic Times
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