Oil slips from 7-year high with Biden pledging to tackle prices

January 20, 2022 8:51 AM

HONG KONG (BLOOMBERG) – Oil retreated from the highest close since 2014 on Thursday (Jan 20) after US President Joe Biden pledged to continue trying to lower prices and an industry report pointed to a modest increase in US crude stockpiles.

Source : https://www.straitstimes.com/business/companies-markets/oil-slips-from-7-year-high-with-biden-pledging-to-tackle-prices