Oil prices edge up on low inventories, high gasoline demand in U.S | Economic Times - Jobs World

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Wednesday, July 27, 2022

Oil prices edge up on low inventories, high gasoline demand in U.S | Economic Times

Oil prices edge up on low inventories, high gasoline demand in U.S https://ift.tt/iTyRFkJ the demand side, the U.S. Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point, in line with expectations, to cool inflation, while the dollar fell on hopes for a slower hiking path.

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