Oil prices drift sideways ahead of potential large U.S. rate hike


SINGAPORE: Oil prices were little changed on Thursday as investors weighed tight supplies against the prospect of a large U.S. rate hike that would stem inflation and curb crude demand.

Brent crude futures for September edged up 5 cents to $99.62 a barrel by 0620 GMT after settling below $100 for the second straight session on Wednesday.

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Oil and gas , Brent , WTI , Opec

   

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