![Oil rises on potential U.S. rate hike pause, debt bill passing](https://cdn.newsserve.net/ONPglobe256.png)
Oil rises on potential U.S. rate hike pause, debt bill passing
Oil prices rose on Thursday, reversing earlier losses, as a potential pause in U.S. interest rate hikes and the debt ceiling bill passing a crucial vote renewed optimism about further fuel demand growth in the world's biggest oil consumer. futures for August rose 32 cents, or 0.44% to $72.92 a…
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