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Oil rises 1% to snap 3-day losing streak after US Fed, BoE hold key rates unchanged; Brent at $85/bbl
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US Federal Reserve kept benchmark interest rates on hold. Brent crude futures were up 91 cents, or 1.08 per cent, at $85.54 a barrel, while US West Texas Intermediate crude futures gained 83 cents, or 1.03 per cent, to $81.27 a barrel.
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