Oil price news: Oil slips below US$80 as Fed rate worries cloud market outlook

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

​Oil fell below US$80 a barrel for the first time in more than two months as fresh doubts on whether the Federal Reserve has finished tightening outweighed Saudi Arabia and Russia's supply cuts.

Engie CEO Expects European Gas Demand Destruction to PersistRomania Cites Profound Injustice’ in Bid to Join EU’s Schengen Visa-Free ZoneGermany’s Full Gas Inventories Likely to Prevent Winter ShortageGermany’s International Firms Grow More Pessimistic on OutlookChina Extends Run of Gold Buying That’s Helped Support PricesUkraine Recap: Grenade Blast Kills Aide to Kyiv’s Top CommanderMTN Boosts its Network in Home-Market South AfricaAustralia-China Tensions Ease as Albanese Wraps Up Four-Day...

rate decision incomingNewfoundland and Labrador projects $154-million deficitGlenn Youngkin’s Presidential Ambitions Face Test in Virginia State ElectionsChina Probes Hospital Boss Accused of Role in Child KidnappingsTurkey Returns to Dollar Bond Market for First Time Since VoteUS Defense Chief Lloyd Austin Asks to Meet With China’s Still-Unnamed CounterpartItaly Will Pay to Send Migrants to Albania, Meloni SaysWall Street Bosses in Hong Kong See Financial Dangers EverywhereAustralia-China...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines