Argentine province Mendoza to accept cryptocurrency as payment for taxes

Reuters

Oil prices slip as inflation woes outweigh possible OPEC+ output cuts

Oil prices fell on Tuesday after notching their highest gains in more than a month in the previous session, as global inflation worries overshadowed the prospect of possible OPEC+ output cuts. U.S. West Texas Intermediate crude was at $96.79 a barrel, down 21 cents, or 0.2%, following a 4.2% rise in the previous session. Also weighing on prices, Russia’s oil output has exceeded expectations in the wake of the war in Ukraine, the head of the International Energy Agency (IEA) said on Monday.

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