A long-brewing liquidation finally came to pass on Thursday as oil prices slumped the most in a month, triggered by a rising dollar affecting the sentiment of traders who had invested in commodities to guard against inflation, reports ship and bunker.
Easy Monetary PolicyAfter the U.S. Federal Reserve signalled that its easy monetary policy will soon come to an end, Brent dropped by 74 cents, or 1 percent, to $73.65 per barrel by 0103 GMT; West Texas Intermediate fell by 69 cents, or 1 percent,...
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