Oil Falls Around 3% As Investors Eye U.S. Fed Rate Hikes
Oil prices pared losses, however, during the session after Fed Chair Jerome Powell pledged an "overarching focus" on bringing dow...
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Oil prices pared losses, however, during the session after Fed Chair Jerome Powell pledged an "overarching focus" on bringing down inflation and reiterated that ongoing increases in the central bank's policy rate would be appropriate, with the pace depending on the economic outlook.
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