Oil drops on U.S. inventory jump and interest rate worries - Business News, Finance News, Share Market News - Market trendz

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Wednesday 15 February 2023

Oil drops on U.S. inventory jump and interest rate worries

Federal Reserve officials on Tuesday said that the U.S. central bank will need to maintain gradual increases to interest rates to beat inflation and suggested that price pressures driven by a hot jobs market could push borrowing costs higher than previously expected.

from Commodities-Markets-Economic Times
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