Oil cools after 3-day rally amid Fed uncertainty, U.S. inventory build

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Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials

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They supported the dollar and brewed some concerns over more interest rate hikes

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while U.S. crude inventories also logged a seventh straight week of builds

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Federal Reserve officials saw markets reassessing their outlook for U.S

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This bolstered the dollar , which in turn weighed on crude markets

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Fears of a more hawkish Fed were back in play after

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stronger-than-expected U.S. jobs data rattled crude markets last week

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U.S. inflation data due next week is expected to inform monetary policy in the coming months

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