November 15, 2024

Oil Dives Nearly $6 A Barrel On Demand Fears, Iraq Exports

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Oil Dives Nearly $6 A Barrel On Demand Fears, Iraq Exports

 

Oil prices fell nearly $6 a barrel, the steepest decline in about a month, on fears that fuel demand could soften as global central banks hike rates to fight surging inflation, and as unrest in Iraq failed to dent the OPEC nation’s crude exports.