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Oil climbs after US trade deal and signs of slumping US drilling
Source: Buzz FX / 02 Jul 2025 12:54:41 America/Los_Angeles
Oil bounced around in today's US session but has resolved to the upside on a combination of things:
- Economic optimism and a positive risk mode after a US-Vietnam trade deal
- A survey from the Dallas Fed showing 42% of large US oil produc
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