Asian markets track Wall St losses as crude extends latest rally

Energy Daily

Published

Hong Kong (AFP) Jan 19, 2022

Growing fears about the Federal Reserve's plans to fight surging inflation by ramping up interest rates hit Asian markets again Wednesday, following hefty sell-off on Wall Street, while oil prices extended their rally after a blast at a key pipeline. A rise in prices since early 2021 has forced central banks around the world to start winding back the colossal financial support put in place a

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