Oil steadies as rate hike fears counter tighter U.S. stockpiles

Oil steadies as rate hike fears counter tighter U.S. stockpiles

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NEW YORK — Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter U.S. crude stocks due to a winter storm in the United States was offset by fears the Federal Reserve would dent demand with more interest rate hikes. We apologize, but this video…

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