World oil prices edged higher Friday amid ongoing geopolitical tensions and hopes that the US Federal Reserve will cut rates aggressively in a bid to boost the ailing American economy, traders said.
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Oil prices aim higher on US rate cut hopesPosted by UK Economy News
In UK financial news
11Jan 08 World oil prices edged higher Friday amid ongoing geopolitical tensions and hopes that the US Federal Reserve will cut rates aggressively in a bid to boost the ailing American economy, traders said.
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