CommoPlast

Oil settled mixed as investors eye Fed interest rate hikes

Oil settled mixed as investors eye Fed interest rate hikes



International benchmarks for crude oil settled mixed on Thursday, 10 February 2022 after US inflation data prompted expectations that the Federal Reserve would implement aggressive rate hikes. 

Brent slipped 14 cents to close at $91.41/barrel. 

WTI gained 22 cents to close at $89.88/barrel.