The international oil benchmark, Brent crude, dropped for the first time in six days on Thursday after the United States’ Federal Reserve dampened hopes for a string of interest rate cuts and as rising US output helped keep the market well supplied. The Federal Reserve reduced rates on Wednesday, but against expectations, the head of…
The post Oil slumps to $61 despite OPEC output cut appeared first on naija-news.com.
from naija-news.com https://ift.tt/2GHBb8h
via IFTTT
