Oil Steadies After Spiking on U.S. Inventory Fall

Summary Rate hike expectations boost fears of slow economic growth Weak economic data in China weighs on sentiment LONDON, June 29 (Reuters) – Oil prices steadied on Thursday, a day after rising sharply on a bigger-than-expected fall in U.S. inventories, as attention shifted back to rising interest rates denting global economic growth. Brent crude futures … Read more

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