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US Fed set for further steep rate hike amid recession fears

WASHINGTON: The US Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week as it battles...

Oil prices slip as recession fears rumble on

Oil prices fell on Monday, paring gains from the previous session, as fears of a global recession weighed on the market even as supply...

Oil jumps 2pc as supply outages outweigh recession fears

Oil prices gained more than 2% on Friday as supply outages in Libya and expected shutdowns in Norway outweighed expectations that an economic slowdown...
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