Crude oil prices are seen higher in early Asia on Friday as dollar pulled back after strong gains in the previous session. Improving sentiments in Asia stocks also aided sentiments in the commodity. Investors awaiting domestic earnings reports for cues on corporate health and U.S. jobs data for hints on future rate hikes. The Fed had raised rates by 75 basis points on Wednesday and said its battle against inflation will require borrowing costs to rise further. WTI crude oil is currently quoting up nearly 1% at $88.91 per barrel. Powered by Commodity Insights
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