U.S. Refiners Increase Activity Amid High Fuel Demand
Oil Prices Rise Amid Easing U.S. Inflation Friday's oil prices rose in response to indications of American, the world's biggest oil user's inflation slowing down. U.S. West Texas Intermediate crude climbed by 85 cents to $83.47 per barrel; Brent crude rose by 72 cents. Over the past two sessions, both benchmarks showed increases. Still, Brent futures were set for a weekly drop of roughly 1% following four weeks of increases. Rising prices coincided with declining consu
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