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Oil Prices Hover Around 3-Week High; USD Firmed as Odds of Taylor as Next Fed Chair Climb

Tensions between Iraq and the semi-autonomous Kurdish region abated temporarily as the former reportedly took back control of all disputed oil fields. Crude oil prices were in consolidative mode, hovering about the highest levels in 3 weeks.

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Oil Prices Hover Around 3-Week High; USD Firmed as Odds of Taylor as Next Fed Chair Climb

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