Oil extends losses around three-month lows

by | May 24, 2024 | FEATURED, HEADLINE, Stocks

 Oil prices extended losses on Friday, pressured by lingering concerns that sticky inflation could prolong higher interest rates and curb fuel demand. Brent crude futures fell by 58 cents, or 0.71 per cent, to $80.78 a barrel by 0952 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 59 … 

 

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