Federal Reserve chair Jerome Powell signalling that the U.S. central bank will probably continue to raise interest rates combined with the aftermath of warnings that the Organization of the Petroleum Exporting Countries (OPEC) may reduce oil output to better align prices with fundamentals resulted in mixed crude trading on Friday – but a weekly gain was still achieved, reports Ship And Bunker.
Restrictive policyWest Texas Intermediate for October delivery fell 54 cents to settle at $93.06,...
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