Oil Prices Mixed Amid Fed Rate Cut & China Demand Concerns
September 19, 2024
Brent crude futures for November rose 8 cents to $73.73 a barrel by 0015 GMT, while WTI crude futures for October declined 3 cents to $70.88 a barrel. The U.S. central bank cut interest rates by half a percentage point on Wednesday. Interest rate cuts typically boost economic activity and energy demand, but the market […]
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