Oil eases on worries about US inflation, interest rates

Oil eases on worries about US inflation, interest rates

May 20, 2024 / Riah Marton /



OIL prices eased less than 1 per cent on Monday as US Federal Reserve officials said they were awaiting more signs that inflation was declining before the central bank starts cutting interest rates.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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