Crude oil prices inched up earlier today but remained on course for yet another weekly loss after the U.S. Federal Reserve signaled once again it had no immediate plans to start cutting rates. The Energy Information Administration’s weekly oil inventory report also helped depress prices as it estimated a considerable build in inventories, implying weaker demand—just like the Fed’s policy on interest rates. With rates at the highest in over two decades, concern about U.S. oil demand is quite legitimate. Add to this there…
Hence then, the article about oil prices set for another weekly loss was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oil Prices Set for Another Weekly Loss )