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World News

Oil inches higher on summer demand outlook

By Florence Tan SINGAPORE (Reuters) - Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter, although global economic…

Oil eases on weak US fuel demand, profit taking

By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday as investors weighed weak U.S. fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances the Federal Reserve will start to…