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Oil

Oil extends decline as Trump accuses oil firms of ‘gouging’ consumers

Oil extended losses during Asian trading hours on Wednesday as concerns over potential supply disruptions eased, while investors monitored developments in the Strait of Hormuz. International benchmark Brent crude futures for August fell 0.91% to $76.38 a barrel. U.S. West Texas Intermediate futures for August dropped 0.94% to $72.52 per barrel. U.S. President Donald Trump on Wednesday criticized oil companies for not lowering […]

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