Oil prices dip after Biden exit, rate outlook remains in focus
CNBC Oil prices dipped on Monday after Joe Biden announced he would not seek a second term as U.S. president and while investors watched for more signs that U.S. interest rates could be cut as early as September. Brent crude futures fell 45 cents, or 0.5%, to $82.18 a barrel by 1222 GMT. U.S. West Texas Intermediate crude futures were