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Russian Oil: Russian rouble falls to near one-week low versus dollar, ET Auto - Vimarsana News

Russian Oil: Russian rouble falls to near one-week low versus dollar, ET Auto

Russian Oil: The Bank of Russia raised its key interest rate by 100 basis points to 16% on Friday, hiking borrowing costs for the fifth consecutive meeting in response to stubborn inflation caused by stark labour shortages, the weak rouble, strong lending and government spending.

Oil steady amid prospects of aggressive US Fed Reserve rate hike – Brent above $91/bbl - Vimarsana News

Oil steady amid prospects of aggressive US Fed Reserve rate hike – Brent above $91/bbl

Oil prices were steady on Thursday as markets weighed the possibility of an aggressive and unforecast rate hike for a steeper rise in energy demand. Get more Markets News and Business News on Zee Business.

Source: zeebiz.com