Press "Enter" to skip to content

Oil rises as US crude stocks fall again, Fed cuts interest rates

NEW YORK (Reuters) – Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interest rates for the first time in more than a decade. FILE PHOTO: A wastewater injection well …Read more





Oil rises as US crude stocks fall again Fed cuts interest rates

Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in US inventories and after the Federal Reserve cut US interest rates for the first time in more than a decade The front-month Brent crude futures contract which
Read more

Oil rises as US crude stocks fall market awaits US Fed rate cut

The report was bullish due to the large crude oil inventory drawdown and strong demand from refiners and drivers said John Kilduff partner at Again the Fed to cut interest rates on Wednesday
Read more

Oil rises for 5th straight day as market awaits Fed stockpiles fall

UPDATE 2-Oil rises for 5th straight day as market awaits Fed stockpiles fall interest rate cut That would be anunlikely move by the central bankers Probis Groups Barrattsaid urnnewsmlreuterscomnL2N24V0K9 Crude stockpiles fell again last
Read more

UPDATE 3-Oil rises for fifth session as stockpiles fall and market awaits Fed

Brent crude futures and were expected to cut interest rates with President Donald Trump having reiterated his call for the Fed to make a large cut The move has long been anticipated and represents a double boon for oil prices on one hand it should
Read more

Asia stocks fall on likely smaller Fed rate cut crude climbs

TOKYO Reuters – Asia stocks fell on Monday as investors scaled back expectations of an aggressive interest rate cut by the Federal Reserve while heightened Middle East tensions following Irans seizure of a British tanker lifted crude oil prices
Read more

Stocks close lower after Fed cuts rates but refrained from promising more

US stocks closed sharply the US Federal Reserve cut key interest rates by a quarter point as expected Gold prices GCZ19 -109 had settled down 4 or 03 at 143780 on Comex ahead of the Fed news Oil futures finished higher on
Read more

Please follow and like us:

Comments are closed.