Oil falls on concerns expected Fed hike will impact fuel demand - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Sunday, 24 July 2022

Oil falls on concerns expected Fed hike will impact fuel demand

Oil futures have been volatile in recent weeks as traders try to reconcile the possibilities of further interest rate hikes that could limit economic activity, and thus cut fuel demand growth, against tight supply from the disruptions in the trading of Russian barrels because of the Western sanctions amid the Ukraine conflict.

from Commodities-Markets-Economic Times
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