Oil edges higher on U.S. inventory fall
Written by Black Hot Fire Network on June 29, 2023
- Rate hike expectations boost fears of slow economic growth
- Weak economic data in China weighs on sentiment
LONDON, June 29 (Reuters) - Oil prices edged higher on Thursday, buoyed by a bigger-than-expected fall in U.S. inventories, but fears that rising interest rates could dent global . . .