Oil prices fell in early Asian
trade on Tuesday, with investors anticipating higher-for-longer
U.S. inflation and interest rates will depress consumer and
industrial demand. Brent crude. -May 20, 2024 at 09:13 pm EDT
- MarketScreener
Oil Prices Fall on Fear of High US Interest Rates Depressing Demand usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for longer, depressing consumer and industrial demand.Brent crude futures fell 64 cents, or 0.7 per cent, to $83.07 a barrel by 0845 GMT. U.S. West Texas Intermediate crude (WTI) slipped
Oil Updates – prices fall on demand fears over Fed s rates path arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.