Brent and WTI climbed for a third consecutive day on Friday, but fell about 1.5% for the week
An oil refinery is seen in this file photograph. Picture: REUTERS
The Fed is seen as having more room to hike rates than central banks of other large economies that are more fragile. “China's power restriction in some regions is also a concern as it could affect economic activity,” said Hiroyuki Kikukawa, general manager of research at Nissan Securities.
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