August 15, 2024 7:35 PM
Global Crude Oil Prices Rise Amid US Rate Cut Optimism
Global crude oil prices ticked today as optimism built that potential US interest rate cuts will boost economic activity and fuel consumption, but concerns over slower global demand curbed gains. Brent crude oil prices were up 51 cents, or 0.6%, at 80.27 dollars a barrel. US crude also ga...