Breaking News and Headlines
Break'n News

Oil prices settle 1% higher on tepid U.S. inflation data

Source: Reuters

U.S. October consumer prices rise less than expectedDollar slumps as economic data feeds risk appetiteChina battles COVID-19 rebound in Beijing, other citiesBENGALURU, Nov 10 (Reuters) - Oil prices settled 1% higher on Thursday, ending lower for the first time this week, as tamer-than-expected U.S. inflation data offset worries that renewed COVID-19 curbs in China would hurt fuel demand.After three days of…

This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.

Read the original source at Reuters