Oil prices fell over 4% on Wednesday, deepening steep losses in recent days, after the U.S. Federal Reserve increased interest rates and investors worried about a weakening global economy that could dent energy demand.
Meanwhile, gold briefly hit an all-time high at $2,080/oz.
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Read web story: https://www.cnbctv18.com/market/commodities/brent-wti-oil-prices-extend-loss-gain-us-federal-reserve-interest-rate-rise-jerome-powell-16563241.htm
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