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Oil Gains as US Stocks Decline
Financial Express Kolkata
|August 28, 2025
OIL PRICES EDGED higher on Wednesday following a larger-than-expected drop in US crude inventories and the potential impact of new US tariffs on India.
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Brent crude futures were up 43 cents, or 0.6%, at $67.65 a barrel by 10:58 a.m. ET (1458 GMT). West Texas Intermediate crude futures gained 50 cents, or 0.8%, to $63.77. Both contracts fell by more than 2% on Tuesday.
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