Oil climbs on Fed rate-cut signals, supply concerns

Oil climbs on Fed rate-cut signals, supply concerns

The Star Online - Business·2025-12-06 08:12

NEW YORK: Oil prices edged up nearly 1% to a two-week high on Friday on increasing expectations the US Federal Reserve will cut interest rates next week, which could boost economic growth and energy demand, as well as geopolitical uncertainty that could limit supplies from Russia and Venezuela.

……

Read full article on The Star Online - Business

Other