Futures Movers: Oil prices fall as central banks stoke global growth fears

United States

Oil futures fell early Friday, continuing to feel pressure after major central banks indicated interest rates will continue to rise and remain elevated next year, stoking fears of a global economic slowdown.

Crude remains on track for solid weekly gains, with support tied to optimism that China’s loosening of COVID-19 curbs will spark a rebound in demand from one of the world’s largest energy consumers.

Price action
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Oil…