Crude Oil Hits 2-Week Low, Prices Drop 3% Overnight, Precious Metals Witness Drop | Power Breakfast скачать в хорошем качестве

Crude Oil Hits 2-Week Low, Prices Drop 3% Overnight, Precious Metals Witness Drop | Power Breakfast

Crude oil and gasoline prices sold off sharply, with crude falling to a 2-1/2 week low and gasoline dropping to a 2-week low. A stronger dollar Wednesday weighed on energy prices. Crude oil prices also saw downward pressure from Wednesday's hawkish minutes of the Jan 31-Feb 1 FOMC meeting that showed policymakers anticipated further rate hikes for longer, which would slow economic growth and energy demand. In addition, Wednesday's slide in the S&P 500 to a 4-week low undercut optimism in the economic outlook, which was bearish for energy demand. Meanwhile, precious metals, including gold, witnessed decline. #crudeoil #crudeoilprices #preciousmetals #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/ You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/ n18oc_business