Oil Dips for Fourth Day on US Rate Hike Expectations

Oil prices fell for the fourth straight session on Thursday as minutes from the Federal Reserve’s meeting revealed discussions about further tightening interest rates if inflation remains persistent, a move that could hurt demand for oil. The minutes of the Federal Reserve’s latest policy meeting released on Wednesday showed that the US central bank’s response

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Fed Keeps Rates on Hold, Oil Prices Slide for Third Consecutive Session

Oil prices fell for the third straight day on Wednesday, amid expectations that the Federal Reserve may keep US interest rates high for longer due to persistent inflation, which could impact fuel usage in the world’s largest oil consumer. Federal Reserve policymakers said on Tuesday the US central bank should wait several more months to

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