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Oil Prices Fall On Fears Of Further Interest Rate Hikes From The Fed

Oil prices are set to end the week with a loss after a worrying PPI report bolstered concerns of further aggressive interest rate hikes from the Fed

Oil update: Prices on track to finish week lower on US rate hike worries

LONDON: Oil prices were on track for weekly losses as strong US economic data heightened concerns that the Federal Reserve would further tighten monetary policy to tackle inflation, a move that could hit fuel demand even as crude stockpiles grow, according to Reuters. Brent crude futures dropped 64 cents, or 0.75 percent, to $84.50 per barrel by 0334 GMT on Friday, while US

Today Az - Oil prices on track to finish week lower on U S rate hike worries

Today Az - Oil prices on track to finish week lower on U S rate hike worries
today.az - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.az Daily Mail and Mail on Sunday newspapers.

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