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Tag: interest rate delay

Crude oil prices fell sharply by 7 per cent in the global market, with the Brent crude trading at $70 per barrel.
Business
  • Web Desk
  • Jun 13, 2024
Global oil prices decline amid increase in fuel inventories

Oil prices declined on Thursday as investors assessed the implications of a delayed interest rate cut by the US Federal Reserve and an unexpected increase in US crude and fuel inventories.

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