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Oil prices, Fed Rate
Oil prices rise after US interest rate cut
Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but Brent was still hovering around its lowest levels of the year, below $75, on expectations of weaker global demand.
Crude oil prices today: WTI is trading at $70.98
What is the current oil price today? WTI futures traded at $70.98 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 3.35%. Brent futures traded at $74.11/bbl, an increase of 1.95% in the last 24 hours.
Oil prices rise after Fed delivers big interest-rate cut
Oil futures rose Thursday, gaining ground alongside global equities and other assets perceived as risky, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy.
3d
on MSN
Lower oil prices are the 'new normal'; price to range $70-$80/bbl: Kpler
Viktor Katona of Kpler shares his outlook for oil and says that markets need to get used to the idea of slower economic ...
AOL
2d
Exclusive-US to seek 6 million barrels of oil for reserve, amid low oil price
The U.S. will buy the
oil
from energy companies for delivery in the first few months of 2025, the source said. The ...
15d
Oil Price Drop Casts Doubt on OPEC’s Great Unwind
The plunge in oil prices this week is calling OPEC+’s next move into question. The OPEC cartel and its allies were planning ...
Crude Oil Prices
15d
OPEC+ Discusses Delaying Supply Boost After Oil Price Crash
Oil prices fell to their lowest level in 9 months early on Wednesday morning on concerns about demand and potential supply ...
15d
Relief for motorists as oil price slides to its lowest point this year
But the decline has wreaked havoc on the ASX energy sector – already one of the worst-performing of the year to date – with ...
8d
Russian Oil Prices Drop Back Below G-7’s $60 Price Cap
Russia’s flagship Urals crude has dropped back below the $60-a-barrel price cap imposed by the Group of Seven nations and its ...
12d
Azerbaijani Oil Price Goes Down
In the global market, the price of Azerbaijani oil branded Azeri Light has decreased by $1.69, or 2.16%, to $76.64 per barrel ...
9d
on MSN
OPEC Trims Oil Demand Outlook Further Amid Price Slump
OPEC slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support ...
13d
OPEC+ Pauses Oil Supply Hike in Effort to Reverse Price Slump
OPEC+ agreed to pause its planned oil output hike for two months after prices plunged amid fragile demand and plentiful ...
13d
Azerbaijani Oil Price Up
Azerbaijani oil has become more expensive in the world market. Azernews reports that the price of one barrel of Azeri Light ...
1d
Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...
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