Drilling rigs at California's Monterey Shale formation. Brent has given up nearly all gains made after Opec+ producers announced output cuts on April 2. Getty
Drilling rigs at California's Monterey Shale formation. Brent has given up nearly all gains made after Opec+ producers announced output cuts on April 2. Getty

Business

Energy

Oil dips on concerns further interest rate increases may dampen crude demand

Crude futures last week recorded their first weekly loss since March

John Benny

April 24, 2023

Energy This Week

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