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Crude Oil Faces Perfect Storm if US Inflation Pours Gasoline on Uncertainty Flame

Published: March 14, 2023

Crude oil prices extended losses during Tuesday’s Asia-Pacific session. Market uncertainty may be pushed further if another sticky US inflation report reinvigorates Fed rate hike bets.

Source: dailyfx.com

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United StatesDaniel DubrovskySilicon Valley BankFederal ReserveOil Sentiment AnalysisOil Technical AnalysisDow JonesCrude OilFed Pivot BetsTuesday Asia PacificSilicon ValleyBearish RectangleSenior Strategist