Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate hikes may lead to a global economic slowdown and dent fuel demand.
Brent crude futures for October settlement declined $1.17, or 1.2%, to $95.55 a barrel by 0054 GMT, with concerns over slowing demand in China because of a power crunch in some areas also weighing on prices.
"Investors were worried that a possible steep rate hike by the Fed would cause an economic slowdown and sap fuel demand," said Hiroyuki Kikukawa, general manager of research at Nissan Securities.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
First Alert Weather Day declared for Sunday and Monday due to flood threatA First Alert Weather Day is being declared for Sunday and Monday due to the possibility of flooding as heavy rain moves into North Texas.
続きを読む »
SETPA Wawa Station offering free coffee, iced tea to commuters Monday for first weekday of serviceSEPTA is celebrating its newest station the Wawa way with free coffee and iced tea!
続きを読む »
Climate bill’s unlikely beneficiary: U.S. oil and gas industryWhile the Inflation Reduction Act concentrates on clean energy incentives that could drastically reduce overall U.S. emissions, it also buoys oil and gas interests by mandating leasing of vast areas of public lands and off the nation’s coasts.
続きを読む »