Oil , Gas and EnergyWorld NEWS

Oil Rises Friday but Posts Weekly Loss Amid Poor Economic Outlook

Oil extended gains alongside risk assets after Federal Reserve Chair Jerome Powell said the time has come to cut interest rates, but the commodity still declined for the week amid a soft economic outlook in major economies.Oil extended gains alongside risk assets after Federal Reserve Chair Jerome Powell said the time has come to cut interest rates, but the commodity still declined for the week amid a soft economic outlook in major economies.  Read More 


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