Oil falls as US jobs data dents hope for near-term rate cuts

Capt. John

Oil prices fell by about 2% on Friday and were headed for weekly losses after U.S. jobs data shrank the odds of imminent interest rate cuts in the world’s largest economy, which could dampen crude demand. Faltering growth in China and the possibility of some easing of tensions in the Middle East...

https://www.hellenicshippingnews.com/oil-falls-as-us-jobs-data-dents-hope-for-near-term-rate-cuts/

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