Oil prices rise as inflation eases, bolstering market hopes for Fed rate cut later this year

The inflation and interest rate outlook is outweighing mixed oil demand signals from the IEA and OPEC.

Jul 12, 2024 - 05:00
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Oil prices rise as inflation eases, bolstering market hopes for Fed rate cut later this year
The inflation and interest rate outlook is outweighing mixed oil demand signals from the IEA and OPEC.