Oil slumps nearly 3% as investors eye U.S. Fed rate hikes

Oil slumps nearly 3% as investors eye U.S. Fed rate hikes

A sticker says crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/ Sign up now for FREE unlimited access to Reuters.com Record Powell says Fed is ‘strongly committed’ to curbing inflation Biden to urge suspension …

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