Crude Oil Prices Climb Amid Renewed Demand Optimism

Crude oil prices climbed on Wednesday, driven by a sharper-than-expected decline in U.S. crude inventories and growing expectations of a Federal Reserve interest rate cut—factors that signaled improving demand prospects in the world’s largest economy. Brent crude rose 0.6% to $67.02 per barrel, up from $66.57 in the previous session, while U.S. West Texas Intermediate … Continue reading Crude Oil Prices Climb Amid Renewed Demand Optimism