Oil prices are now a result of the US economy’s strong demand outlook and the Federal Reserve’s September 2024 rate reduction. The closing price of the previous trading session, which was $85.08 per barrel, was increased by 0.47% to $85.48 per barrel for international benchmark Brent crude. At the same time, the U.S. benchmark West … Continue reading Crude Oil Prices Soar Over US Demand, Rate Cut Expectations