Oil edges higher on U.S. inventory decline, escalating Mideast tensions

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Oil edges higher on U.S. inventory decline, escalating Mideast tensions
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Oil prices edged higher on Wednesday, extending gains as rising tensions with Ir...

White House economic adviser Larry Kudlow on Tuesday called it a good sign that top U.S. officials would be traveling to China to discuss reviving stalled trade talks.

Meanwhile, signs of rising tensions in the Middle East offset a weaker global growth outlook from the International Monetary Fund, which had kept prices largely flat for much of Tuesday’s session.

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