Wednesday , 6 November 2024
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Crude Oil tries to snap losing streak with mild gains ahead of Monday’s US trading session

Crude Oil rebounds slightly on Monday after dipping lower on Friday after the US Jobs Report showed that the US economy is cooling down but not on the edge of a recession, easing the chances of a chunky interest-rate cut by 50 basis points from the US Federal Reserve (Fed) in its upcoming meeting on September 18.

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