Oil Holds Longest Losing Streak This Year on Hawkish Fed Outlook
Oil snapped its longest losing streak this year, with investors piling back into the commodity after futures approached oversold territory.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Oil Holds Longest Losing Streak This Year on Hawkish Fed Outlook

### Response: Oil snapped its longest losing streak this year, with investors piling back into the commodity after futures approached oversold territory.