Oil slips as concern eases about Middle East supply risk
Summary by RTÉ
Oil slipped for a second day today as easing concern about supply risks and a rapidly escalating conflict after Iran's weekend attack on Israel offset data showing China's economy grew faster than expected in the first quarter.
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Oil slips as concern eases about Middle East supply risk
Oil slipped for a second day today as easing concern about supply risks and a rapidly escalating conflict after Iran's weekend attack on Israel offset data showing China's economy grew faster than expected in the first quarter.
Oil slips as concern eases about Middle East supply risk
By Alex Lawler LONDON (Reuters) -Oil edged lower on Tuesday as easing concern about supply risks and a rapidly escalating conflict after Iran’s weekend attack on Israel offset data showing China’s economy grew faster than expected in the first quarter. Also weighing was stronger-than-expected U.S. retail sales for March that further reinforced expectations the U.S. Federal Reserve is unlikely to rush to cut interest rates, a scenario that dampen…