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Reuters

Reuters

Oil climbs on Mideast escalation fears, US rate cut expectations

Reuters
Summary
Nutrition label

80% Informative

Brent crude futures climbed 37 cents , or 0.5% , to $ 79.39 a barrel by 2300 GMT .

U.S. crude futures were at $ 75.19 a barrel, up 36 cents .

Both oil benchmarks gained more than 2% on Friday after Federal Reserve Chair Jerome Powell endorsed an imminent start to interest rate cuts.

VR Score

91

Informative language

97

Neutral language

75

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links