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Oil rises on dovish CPI, but recession fears spell weekly losses

Oil prices rose on Friday after softer-than-expected U.S. inflation data ramped up hopes of smaller interest rate hikes by the Federal Reserve, although concerns over slowing economic growth and a COVID spike in China still saw crude trade negative for the week.
Crude markets tracked a broader rally in risk-driven assets after U.S. CPI inflation slowed more than expected in October, showing that a series of sharp interest rate hikes by the Fed this year were bearing fruit.https://theprofitgrowth.com/ , Crude/Natural Gas Tips, Mcx Advisory Company, Mcx tips provider, Mcx Trading, One day free demo, sure shot call, Technical Analysis, To Get Free Trial !!!Live Gold News With MCX Free Bullion Tips today, Bullion Trading Tips By theprofitgrowth.com Ring/Ping 7037171600 Just Do Your BEST Give Prime Focus BY https://THEPROFITGROWTH.COM