Oil Pices Extend Losses after Fed Rate Hike and Economic Concerns

[ad_1] Last Updated: May 04, 2023, 00:50 IST A day earlier, both benchmarks fell 5%, their biggest daily percentage declines since early January. (Image: Reuters File) U.S. West Texas Intermediate crude (WTI) fell $3.06, or 4.3%, to $68.60. WTI’s session low was $67.95 a barrel, lowest since March 24 Oil prices fell 4% on Wednesday, … Read more