Published 1 month ago

Oil slips as concern eases about Middle East supply risk

Summary by RTÉ

Oil slipped for a second day today as easing concern about supply risks and a rapidly escalating conflict after Iran's weekend attack on Israel offset data showing China's economy grew faster than expected in the first quarter.

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RTÉ

Oil slips as concern eases about Middle East supply risk

30 days ago·Ireland

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Blue Water Healthy Living

Oil slips as concern eases about Middle East supply risk

By Alex Lawler LONDON (Reuters) -Oil edged lower on Tuesday as easing concern about supply risks and a rapidly escalating conflict after Iran’s weekend attack on Israel offset data showing China’s economy grew faster than expected in the first quarter. Also weighing was stronger-than-expected U.S. retail sales for March that further reinforced expectations the U.S. Federal Reserve is unlikely to rush to cut interest rates, a scenario that dampen…

1 month ago·Port Huron, United States

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