SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with the ...
Read More »Oil dips as hawkish Fed chief spurs flight from risk assets
BLOOMBERG Oil held a hefty loss after Federal Reserve Chair Jerome Powell signalled interest rates could rise higher and faster than previously anticipated, raising concerns about the economy and energy demand. West Texas Intermediate futures edged lower near $77 a barrel after posting the biggest one-day decline since early January. The remarks, made during a testimony before Congress, opened the ...
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