Finance

Oil Gains on US Exports, Fed Outlook Curbs Gains

Oil prices rose on strong US crude exports signaling firm global demand but pared gains after the Federal Reserve scaled back rate cut expectations, boosting the dollar and weighing on commodities.

Dec 19, 2024 - 06:00
Oil Gains on US Exports, Fed Outlook Curbs Gains
Oil prices rose on strong US crude exports signaling firm global demand but pared gains after the Federal Reserve scaled back rate cut expectations, boosting the dollar and weighing on commodities.
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