Oil falls 1% as sticky US inflation weighs on demand at the pump

Capt. John

Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates higher for longer, which could impact consumer demand at the pump. Brent crude futures fell by $1.16, or 1.4%, to $82.55 a barrel by 11:45 a.m. ET (1545 GMT). U.S. West Texas Intermediate crude...

https://www.hellenicshippingnews.com/oil-falls-1-as-sticky-us-inflation-weighs-on-demand-at-the-pump/

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