Oil Prices Rise on Jumbo Fed Rate Cut
The U.S. crude oil benchmark, West Texas Intermediate (WTI), was trading down nearly a percentage point, with Brent crude not far behind just minutes before the Fed rate cut announcement on Wednesday. Oil prices began responding to the rate cut immediately, with downward trending prices flattening out just minutes after the rate cut announcement.
NEW YORK: Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, ...
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A further slump in weekly average oil prices more than offset a small increase in flows from Russian ports, intensifying ...
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and ...
Michigan gas prices remained $3.25 a gallon Sunday, the same price, on average, it was a week ago, but it is expected to drop ...
Falling prices for carbon credits in the Canadian province of Alberta are threatening to become a drag on efforts to slash ...
Russia's oil business has taken a hit, with the nation's crude revenue dropping to its lowest levels in seven months, ...
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