Falling prices

Last Updated: June 30, 2023, 00:46 ISTNew York, United States of America (USA)Rising interest rates and shrinking crude supplies create uncertainty in oil market. (Photo: Reuters)Brent crude futures rose 31 cents, or 0.4%, to $74.34 a…

Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.The announcement came following a meeting of the 13-member Organization of the Petroleum…