Oil & Gas

Oil prices edge up as investors eye US Fed rate decision

Oil prices

Oil prices recorded modest gains as the market remained on edge ahead of a potential interest rate cut by the US Federal Reserve. A significant draw in US crude inventories further bolstered prices, offering additional support to the market. Brent crude futures climbed by 57 cents, or 0.78%, to settle at $73.56/barrel. Meanwhile, US West …

The post Oil prices edge up as investors eye US Fed rate decision appeared first on Energy Asia.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button