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Oil Prices Set For A Weekly Loss As Higher-For-Longer Rates Trump Tight Market

  • 📰 OilandEnergy
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Oil prices are on track to post a small weekly loss after the Fed signaled that interest rates could remain higher for longer.

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Why Oil Stocks Are Lagging Behind Soaring Crude Oil PricesEnergy investors don’t share the enthusiasm of hedge funds and speculators, which have become the most bullish in nearly two years as oil equities are lagging behind soaring crude prices.
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