September 30, 2022

August 19, 2022 ( Newswire) Russian production, the Fed’s decision to raise interest rates, and the weakened dollar. What other factors are driving crude oil prices these days?

Midweek, black gold gained 5% after rebounding from a 6-month low, as a sharper-than-expected drop in U.S. crude inventories outweighed fears over rising Russian output, export sales, and recession concerns.


On the macroeconomic side, the greenback diminished its gains on…

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