Oil price news: Oil dips in range with U.S. inflation and inventories in focus

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Oil edged lower but remained within a tight range as traders weighed shrinking U.S. stockpiles and the outlook for inflation in the world’s biggest economy.

Jamie Dimon Sees a ‘Lot of Inflationary Forces in Front of Us’ECB’s Villeroy Says Probability of June Rate Cut ‘Significant’Norwegian Economy Extends Growth Streak, Cooling Rate Cut BetsBuyout Firms Hunt for New Ways to Exit With IPOs Still in SlumpBond Yield Volatility Presents New Risks and Opportunities for InvestorsNigeria’s New Mega Refinery Seeks Millions of Barrels of US OilCrescent Energy Nears $2.

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