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Oil prices made smaller gains in the international market on Friday, ahead of the Federal Reserve Chair’s scheduled for today. International Benchmark Brent crude LCOc1 climbed to $60.02 a barrel. U.S. crude futures CLc1 were traded at $55.38 a barrel. Jerome Powell, the Federal Reserve Chair, is expected to address a meeting of central bankers in Jackson Hole and leave some clues on Fed’s stance over cuts in interest rates.