
Oil prices falls below US$110 as U.S. Fed turns hawkish
West Texas Intermediate fell 6.8 percent to US$109.56, the largest daily decline since March. Friday, he reaffirmed that the Fed’s primary objective is to return inflation to its 2 percent target. The price of crude oil is still up more than fifty percent this year. Oil prices dropped the most in three months as Federal Reserve Chair Jerome Powell reaffirmed










