Oil Rises on Hawkish Fed and as U.S. Demand Withstands Omicron
This post was originally published on this siteDec 16, 2021 (Bloomberg) Oil rose after U.S. crude stockpiles fell the most since September and a more hawkish Federal Reserve spurred a broader rally in financial markets on speculation it can slow inflation without derailing growth. Futures in New York climbed as much as 1.5% after recovering from …
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