Oil Jumps 11%, Raising Fresh Questions for Fed After Softer U.S. Inflation Data
NEW YORK, July 16, 2026, 17:19 EDT — U.S. cash markets ended the session. Brent and WTI are currently trading about 11% higher compared to where they settled on July 10. (Reuters) U.S. consumer…
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rdnewsnow.com·3d ago
Stocks gain on softer inflation, bank results while oil prices rise
The US CPI increased less than expected, helped by a retreat in gasoline prices after a US-Iran ceasefire took hold in June.
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