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Brent Slips Towards $103/B On Demand Growth Worries, Stronger Dollar
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Oil Prices Boosted By US Fed Stimulus Plan
Published on Friday, 14 Sep 14:41 pm
Benchmark crude prices were boosted on 13 September by a US Federal Reserve announcement of a further program of economic stimulus, which investors expect to revive flagging oil demand. WTI crude increased by $1.30/B to settle at $98.31/B, while Brent rose by $0.94/B to settle at $116.90/B.
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