Fed Action Caps Crude Prices ...Middle East

OILPRICE - Economy
Fed Action Caps Crude Prices
source : OILPRICE ( Middle East ) () 56
U.S. West Texas Intermediate crude oil futures are trading lower late Thursday, pressured by a stronger U.S. Dollar and worries that further aggressive interest rate hikes by the Federal Reserve would cast the economy into recession, leading to lower demand. However, losses are being limited by concerns over tight supply. Friday’s price action represents a flip from the previous session’s higher close. On Wednesday, the Fed boosted interest rates 75 basis points and Chairman Jerome Powell dampened hopes of smaller rate hikes in December…

Read More Details
Finally We wish PressBee provided you with enough information of ( Fed Action Caps Crude Prices )

Apple Storegoogle play

Also on site :

Most viewed in Economy
UK Must Lower Energy Costs to Achieve Net Zero
OILPRICE - before 4 hours & 35 minute
NATO wants allies to spend 5% of GDP on defense: This chart shows how hard it could be
CNBC - before 11 hour & 9 minute
Bloomberg Launches Company-Level Geopolitical Risk Scores Quantifying Country Risk, Built with Seerist Threat Intelligence
PR Newswire - before 3 hours & 10 minute
HCLTech et AMD concluent une alliance stratégique en vue de développer des solutions d'avenir dans les domaines de l'IA, du numérique et du cloud
PR Newswire - before 8 hours & 12 minute
Africa: All of Africa Today - June 25, 2025
allafrica - before 4 hours & 15 minute
China's Li urges not to turn trade into a political or security issue
CNBC - before 7 hours & 51 minute
Job recruiting site CareerBuilder + Monster declares bankruptcy
Washington Post - before 11 hour & 40 minute
EU Set to Change Subsidy Rules for Energy Costs
OILPRICE - before 3 hours & 26 minute
TELUS announces pricing of US$ junior subordinated notes offering
PR Newswire - before 10 hours & 36 minute
Global Study Reveals AI Adoption Surges in User Research, But Human Collaboration Remains Essential
PR Newswire - before 9 hours & 24 minute
Vom Aufspüren von Wildtieren bis hin zu Such- und Rettungseinsätzen: Wärmebildkameras von Raytron erhöhen die Sicherheit bei Outdoor-Abenteuern
PR Newswire - before 10 hours
Putin orders government to prepare for return of foreign companies
Russia Today - before 9 hours & 38 minute


Latest News

Radford University Partners with eCampus.com for Improved Access to Course Materials and Elevated Campus Store Experience

before 15 minute

Tesla's European car sales nosedive for fifth month as customers switch to Chinese EVs

before 18 minute

Trump administration is preparing to test budget law, U.S. officials say

before 25 minute

How much will you save or lose with Trump’s ‘big’ tax bill?

before 59 minute

Quincy Data's Precision Time Exchange Service Recognized as Best Time Stamping Measurement System by TradingTech Insight Awards

before hour & 6 minute

China and India Cut Imports of Lower-Quality Coal From Indonesia

before hour & 9 minute

RepRisk boosts agentic AI delivery to power data integration

before hour & 42 minute

'Time to get serious on defense': A moment of truth for NATO as leaders seek unity on spending hike

before 2 hours & 17 minute

Iran-Israel War Prompts China to Reconsider Russia’s Gas Pipeline Proposal

before 2 hours & 33 minute

Telix Manufacturing Solutions Belgium Delivers First GMP-Grade Commercial Doses

before 2 hours & 52 minute

Bloomberg Launches Company-Level Geopolitical Risk Scores Quantifying Country Risk, Built with Seerist Threat Intelligence

before 3 hours & 10 minute

EU Set to Change Subsidy Rules for Energy Costs

before 3 hours & 26 minute

Africa: All of Africa Today - June 25, 2025

before 4 hours & 15 minute

UK Must Lower Energy Costs to Achieve Net Zero

before 4 hours & 35 minute

South Africa: Over 100 Displaced in Stellenbosch Informal Settlement Fire - South African News Briefs - June 25, 2025

before 5 hours & 45 minute