scorecardresearchOil Slips as Investors Weigh Demand Outlook Ahead of Fed Meet

Oil Slips as Investors Weigh Demand Outlook Ahead of Fed Meet

Updated: 26 Jul 2022, 08:00 AM IST
TL;DR.
Oil advanced for a second session as signs of a tight physical crude market offset concerns about an economic slowdown.
FILE PHOTO: Industrial facilities of PCK Raffinerie oil refinery are pictured in Schwedt/Oder, Germany, May 9, 2022. The company receives crude oil from Russia via the 'Friendship' pipeline.   REUTERS/Hannibal Hanschke/File Photo

FILE PHOTO: Industrial facilities of PCK Raffinerie oil refinery are pictured in Schwedt/Oder, Germany, May 9, 2022. The company receives crude oil from Russia via the 'Friendship' pipeline. REUTERS/Hannibal Hanschke/File Photo