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WTI Oil pulls back and hits lows sub-$87 amid bets of a steeper Fed tightening cycle

Oil prices show a moderate pullback on Friday as market expectations that a more aggressive Federal Reserve (Fed) monetary tightening will cap Oil consumption in the US have offset concerns about the stalled Middle East conflict.

WTI Oil pulls back and hits lows sub-$87 amid bets of a steeper Fed tightening cycle

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

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