15.8 C
New York
Wednesday, September 28, 2022

Buy now


Oil Steadies as Looming Interest-Rate Hikes Spur Demand Concerns

Crude has lost about a third of its value since early June, erasing all the gains made in the wake of Russia’s invasion of Ukraine, as concerns about a global slowdown weighed on demand. Liquidity has also thinned, leading to volatile price swings, while a stronger dollar has added to headwinds.

Source link

Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles