Oil prices slip amid interest rate outlook and Middle East tension; Brent crude at $81.42/bbl

Oil prices slip amid interest rate outlook and Middle East tension; Brent crude at .42/bbl

Oil prices experienced a slight decline amid speculation that unexpectedly robust inflation figures might postpone reductions in high interest rates, which have been restraining global fuel demand growth. Brent crude futures saw a decrease of 20 cents, marking a 0.3% drop to $81.42 per barrel by 1415 GMT. Similarly, U.S. West Texas Intermediate crude futures …

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