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7 hours ago · For all its twists and turns in recent months, the oil market finished the second quarter more or less where it started. Benchmark U.S. crude prices recently traded around $81.50 a barrel, roughly ...
1 day ago · The benchmark West Texas Intermediate Crude oil futures were down 12 cents a barrel to $81.62. For the first time since November, prices in the US didn’t rise in May. The Personal Consumption Expenditures price index, which the Federal Reserve watches closely as it tries to limit inflation to 2%, remained unchanged from April and slowed to 2.6% for the 12 months ended in May.
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