September 20, 2025 9:20 PM
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Oil Prices Fall Amid Oversupply and Weak Demand Despite Fed Rate Cut
Oil prices declined on Friday as concerns over large supplies and declining demand surpassed expectations that the year's first interest rate cut by the US Federal Reserve would trigger more consumption. Brent crude futures fell 76 cents or over 1.1 per cent, to settle at 66 dollars and 68 cents pe...