Thursday, June 25

Economy

Investors said the rate hike was a long-awaited step to address an economic crisis that has deepened in Africa’s most populous nation since President Bola Tinubu took office in May last year

SINGAPORE – Oil prices fell on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated added to pressure.

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