Oil prices slip as inflation woes outweigh possible OPEC+ output cuts - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 29 August 2022

Oil prices slip as inflation woes outweigh possible OPEC+ output cuts

Inflation is near double-digit territory in many of the world's biggest economies, a level not seen in close to a half century, and investors are concerned that more aggressive interest rate hikes will follow from the United States and Europe.

from Commodities-Markets-Economic Times
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