Oil Falls anticipating Fed Hike will Dent Demand

Oil fell on Monday, reversing earlier gains but continuing a recent losing streak, on concerns that an expected increase in interest rates in the U.S., the world’s biggest oil user, may limit fuel demand growth.Brent crude LCOc1 futures for September settlement dropped 48 cents…

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https://www.marinelink.com/news/oil-falls-anticipating-fed-hike-dent-498246

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