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HomeFinanceHawkish Fed talk, disappointing Chinese imports weigh on crude oil (NYSEARCA:USO)

Hawkish Fed talk, disappointing Chinese imports weigh on crude oil (NYSEARCA:USO)

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Oil and gas equities fell alongside crude oil futures Tuesday following weaker than expected Chinese import data and hawkish testimony from Federal Reserve Chairman Jerome Powell that raised the potential for further interest rate hikes.


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