Oil dropped slightly as FED rate hikes overshadow political tension
Oil dropped slightly as FED rate hikes overshadow political tension
International benchmarks for crude oil dropped slightly on Thursday, 27 January 2022 as investors took a step back to assess the market outlook on the prospect of the US FED is tightening monetary policies.
Brent dropped 62 cents to close at $89.34/barrel.
WTI fell 74 cents to close at $86.61/barrel.