Oil down as markets price in potential interest rate hikes

Oil down as markets price in potential interest rate hikes

– US estimates fall of 2.67 million barrels in crude stocks against market expectation of 2.46 million-barrel drop Oil prices fell on Wednesday, fueled by growing concerns that major central banks will continue their tightening cycle despite US data showing a decrease in crude stockpiles, indicating a rebound in demand…Read More

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