Oil extends losses as rate hike concerns spur sell-off - Business News, Finance News, Share Market News - Market trendz

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Wednesday 8 March 2023

Oil extends losses as rate hike concerns spur sell-off

U.S. gasoline stocks drew by 1.1 million barrels, according to a report from the U.S. Energy Information Administration, lower than the 1.8 million estimated in a Reuters poll. Distillate inventory grew by 138,000 barrels, compared with expectations for a 1 million barrel draw

from Commodities-Markets-Economic Times
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