DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler …
Read More »Oil sheds bulk of war-driven gains in 2nd weekly decline
Bloomberg Oil retreated for a second week in the wake of plans for massive stockpile releases, a demand-sapping virus outbreak in China and a hawkish turn from the US Federal Reserve. West Texas Intermediate fell 1% this week, with the US benchmark giving back most of its gains since Russia invaded Ukraine in late February. Oil rallied to the highest …
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