Oil Set for Weekly Gain After Fed Cut With Focus on Middle East --[Reported by Umva mag]

Oil was on track for the biggest weekly advance since April after a steep interest-rate cut by the Federal Reserve, while traders continued to monitor simmering tensions in the Middle East.

Sep 20, 2024 - 02:15

Oil Set for Weekly Gain After Fed Cut With Focus on Middle East --[Reported by Umva mag]

(Bloomberg) — Oil was on track for the biggest weekly advance since April after a steep interest-rate cut by the Federal Reserve, while traders continued to monitor simmering tensions in the Middle East. Read More

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