Brent Crude Prices Surge Amid Fed Rate Cut Signals and Mideast Tensions
August 27, 2024
The price of Brent, the global crude benchmark, rose 3.0 percent to trade at more than $81 per barrel. Stock markets were mixed, taking a breather after rising on Friday when US Federal Reserve chief Jerome Powell signaled that a rate cut was coming. In a further sign of the Fed’s thinking, another policymaker came […]
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