DUBAI/WAM Dubai has launched the Shared Digital Channels Initiative in collaboration with various government entities, ...
Read More »Oil swings as traders digest hawkish Fed rate-hike cues
Bloomberg Oil struggled to find direction as traders digested comments made by Federal Reserve Chair Jerome Powell suggesting interest rates will rise, which carries the potential of slowing demand for crude. West Texas Intermediate fluctuated near $92 a barrel. The Federal Reserve Chair signaled the US central bank is likely to keep raising interest rates and leave them elevated ...
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