Oil prices slip after U.S. interest rate hike on fears for demand

Meanwhile U.S. gasoline demand over the past four weeks fell to 8.5 million barrels per day (bpd), its lowest since February, the U.S. Energy Information Administration said on Wednesday. Elsewhere, Germany nationalised gas importer Uniper on Wednesday and Britain said it would halve energy bills for businesses in response to a deepening supply crisis that has exposed Europe's reliance on Russian fuel.

from Commodities-Markets-Economic Times
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