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The total number of oil rigs in the United States in the week to July 26 was 482, compared with 477 previously.

< b > The total number of oil rigs in the United States for the week to July 26 was 482, up from 477 previously.

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Markets expect the Federal Reserve to cut interest rates three times before the end of the year, due to the recent improvement in inflation data

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U.S. stocks opened higher, with the Dow up 2%, the S & P 500 up 1.53%, and the Nasdaq up 1.47%.

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