Lease Operator Jeremy Jay walks through an oil production facility owned by Parsley Energy in the Permian Basin near Midland, Texas U.S. August 23, 2018. REUTERS/Nick Oxford
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World shares climbed Tuesday as oil prices above $80 a barrel lifted U.S. energy stocks and as some central banks were expected to raise interest rates, spurring investors to look beyond the latest round of U.S.-China tariffs.U.S. crude rose 0.21 percent to $72.23 per barrel and Brent was last at $82.09, up 1.1 percent on the day.Benchmark 10-year notes last fell 6/32 in price to yield 3.0983 percent, from 3.078 percent late Monday.The U.S. dollar weakened ahead of the Fed's two-day policy meeting, as investors have already priced in two more interest rate increases this year and some in 2019, leaving little room for further currency gains.
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