Oil slumps 4% on US rail settlement, call for considerations

Oil futures fell about 4% to a one-week low on Thursday on a tentative settlement that might avert a US rail strike, expectancies for weaker international call for and endured US buck power forward of a doubtlessly massive rate of interest build up. Brent futures fell $3.75, or 4.0%, to $90.35 a barrel through 10:50 … Read more