• Brent and WTI post first weekly declines in over a month
  • The US dollar rose earlier in the week to its highest level since December 2002
  • Central banks are raising interest rates this week to tame inflation
  • Russian natural gas flows to Europe lag behind demand

NEW YORK, June 17 (Reuters) – Oil prices fell about 6% to a four-week low on Friday amid fears that rate hikes by major central banks could slow the global economy and slash energy demand.

The US dollar also depressed prices, rising to its…

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