Crude oil continued to stay under pressure on Friday amid growing concerns that rising interest rates will dampen economic activity and weaken demand. Many of the major central banks, led by the Federal Reserve, have adopted an extremely hawkish stance this year. Meanwhile, focus is now turning to a potential supply cut by the OPEC next week. Crude oil futures stay pressured near $81 mark and is currently down 0.11% at $81.16 per barrel. Powered by Commodity Insights
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