Tag: cautions
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Oil down 2% as crude stocks spike, Fed cautions rate hike down the road
[ad_1] Investing.com — If the economy doesn’t spoil the party for oil bulls, then it looks like inventories will. Crude prices fell almost 2% Wednesday, clawing back most of their gains from the previous session, after data showed crude stockpiles grew seven times more than expected last week. The Federal Reserve’s caution that it could…