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HomeOil and GasU.S. Jobs Report Spurs Oil Rally, Fuels Economic Recovery Hopes

U.S. Jobs Report Spurs Oil Rally, Fuels Economic Recovery Hopes

Crude prices rose over $1 a barrel on June 6, marking their first weekly gain in three weeks, after a U.S. jobs report reinforced hopes for a Fed rate cut and stronger demand. Trade talks between the U.S. and China also lifted market sentiment.
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