Oil Dips as Rate Outlook Mutes Middle East Risks

Oil Drops as US Cold Snap and Middle East Risks are Muted by Rate Outlook

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Before almost completely reversing the loss, West Texas Intermediate dropped as much as 2%. European stocks fell ahead of a slew of talks by officials at this week’s World Economic Forum in Davos, as investors searched for signs on interest rates. Extremely severe temperatures in North America caused several locations to lose oil output. Due … Read more

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