Oil suffers weekly loss on stronger US dollar, record-high Fed rates; Brent sticks to $82/bbl
Brent logged a 0.2 per cent loss on the week, while WTI recorded a rise of 0.2 per cent. Higher interest rates typically slow down the economic activity and weaken oil demand.
DNA News Desk
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Brent logged a 0.2 per cent loss on the week, while WTI recorded a rise of 0.2 per cent. Higher interest rates typically slow down the economic activity and weaken oil demand.
