Oil prices slip as high interest rate outlook outweighs tight supply

Beijing, Sept. 26 (BNA): Oil prices fell on Tuesday amid concerns that fuel demand will be crimped by major central banks holding interest rates higher for longer, even with supply expected to be tight.

 

Brent crude futures were down 87 cents at $92.42 a barrel at 0630 GMT, while U.S. West Texas Intermediate crude futures were trading 87 cents lower at $88.81, Reuters reported.

 

 


M.I.

 







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