Oil Prices Rise on Federal Reserve Interest Rate Cut Hint and China Real Estate Support Measures

Oil Prices Rise on Federal Reserve Interest Rate Cut Hint and China Real Estate Support Measures

Written by – Marwa Al-Ghoul Thursday, February 1, 2024 02:00 PM Oil prices rose today, supported by the Federal Reserve’s hints about a possible start of interest rate cuts at a time when China unveiled new support measures for the faltering real estate market. Brent crude futures rose 43 cents, or 0.5%, to reach .98 … Read more
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