Oil Prices Drop Due To Worries About Demand And The Fed Meeting - Nairaland / General - Nairaland
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| Oil Prices Drop Due To Worries About Demand And The Fed Meeting by thenewschro: 11:19am On Jun 13, 2023 |
Oil Prices Drop Amid worries about demand growth ahead of important inflation data and a Federal Reserve meeting in the US later this week, oil prices declined on Monday. The US West Texas Intermediate (WTI) crude futures slid $3.05 or 4.4% to trade at $67.12 a barrel, while Brent crude futures declined $2.95 or 3.9% to end at $71.84 a barrel. Read more on https://www.thenews-chronicle.com/oil-prices-drop-due-to-worries-about-demand-and-the-fed-meeting/ |
| Re: Oil Prices Drop Due To Worries About Demand And The Fed Meeting by budaatum: 12:07pm On Jun 13, 2023 |
And this, despite Saudi Arabia reducing output by one million barrels a day. Makes me think, oil oil everywhere and far too much to fill my tank!. Good thing Nigeria has found a new outlet for its crude oil in Dangote's refinery, or we'd have ended up drowning in our unsold crude oil.
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