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Oil Gains Weekly as Dovish US Fed Weakens Dollar

Friday, July 12, 2019

Oil Gains Weekly as Dovish US Fed Weakens Dollar

Oil prices gained this week as a dovish U.S. Federal Reserve signaling an interest rate cut this month weakened the American dollar and increased crude demand around the world. International benchmark Brent crude was trading at $66.67 per barrel at 1140 GMT, heading for a 3.6% weekly gain, after it opened Monday at $64.34 a barrel.











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EVENTS East Mediterranean: The New Natural Gas Frontier

PUBLICATIONS Long-Term Gas Contracting Terms, definitions, pricing - Therory and practice The Greek Energy Sector 2019 SEEEO 2016-2017 More

COOPERATING ORGANISATIONS IEA WEC Energy Community Eurelectric BBSPA AERS ROEC BPIE