Oil Prices Rise as Fed Rate Cut Fuels Optimism

Oil prices advanced, with WTI nearing $72 a barrel, as the Fed's interest-rate cut bolstered hopes for stronger demand, despite concerns over China's slowdown and ample supply.

Sep 20, 2024 - 04:00
Oil Prices Rise as Fed Rate Cut Fuels Optimism
Oil prices advanced, with WTI nearing $72 a barrel, as the Fed's interest-rate cut bolstered hopes for stronger demand, despite concerns over China's slowdown and ample supply.

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