WTI Oil Surges Towards $79, Eyes OPEC Output Cuts and Fed Policy
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Oil prices rallied sharply on Friday, trading near $79 ahead of the US market open, capping a profitable week. The surge is fueled by expectations that OPEC will extend current production cuts into the second quarter, a key factor supporting current price levels. Adding to the bullish sentiment, the US Dollar Index (DXY) remains rangebound […]