International benchmarks for crude oil settled lower on Tuesday, 14 June 2022 as the market fear that the Federal Reserve would increase the interest rate more aggressively than expected to combat the decade-high inflation.
International benchmarks for crude oil settled lower on Friday, 10 June 2022 after a report of consumer prices in the US accelerated more than expected in May, spurring concerns that the FED would be more aggressive in the monetary policy.