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Oil prices rally, lifting U.S. prices to a gain for the month

Oil futures finished sharply higher on Friday, prompting U.S. prices to turn higher for the month of April, buoyed by expectations for tighter supplies.

Speculation over a potential rescue for troubled First Republic Bank also supported prices, as banking issues have weighed on the economic outlook and in turn, the prospects for energy demand.

Price action
Price action

A…

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