Oil Falls as Dollar Surges on Fed Outlook for Fewer Rate Cuts

Oil fell as expectations for fewer interest-rate cuts by the Federal Reserve next year boosted the dollar.
7 hours ago
from: Bloomberg.com

Federal Reserve System, Petroleum

More about this

- Oil prices tread water with Fed in focus; mixed inventory data weighs
Investing.com-- Oil prices moved little on Wednesday as traders kept away from big bets in anticipation of more cues on interest rates,...
from: Investing.com

- Commodity currencies are struggling [Video]
The commodity bloc currencies have been hit hard of late and are once again extending declines to multi-month lows against the US Dollar.
from: FXStreet

- Oil futures: Crude climbs higher, investors eye Fed rate decision
Quantum Commodity Intelligence - Crude oil futures Wednesday were climbing higher as benchmarks recovered from the week's lows ahead of the...
from: Quantum Commodity Intelligence

- Oil Prices - 18/12/24
NEW YORK - LONDON, DECEMBER 19, ARMENPRESS. Oil prices for 18 December:WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange up by 0.09%...
from: Armenpress

- Natural Gas and Oil Forecast: Sanctions Fuel Supply Fears Amid Bearish Trends
Oil prices hover in a tight range as sanctions on Russia and a potential Fed rate cut fuel mixed market signals. Natural gas remains under...
from: FXEmpire

- Oil Drops as Equity Market Weakness and Chinese Data Weigh on Prices
Crude has fallen about 14 percent in the second half of this year on concerns about the outlook for 2025.
from: Rigzone

- Oil sags on soft Chinese spending, investor pause before US Fed rate move
Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, the world's largest oil...
from: Reuters

- Oil prices dip as dollar surges on hawkish Fed outlook
Investing.com-- Oil prices fell in Asian trade on Thursday, coming under pressure from a stronger dollar after the Federal Reserve projected...
from: Investing.com

- Oil falls on demand concerns after Fed signals slower easing ahead By Reuters
By Colleen Howe. BEIJING (Reuters) - Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would...
from: Investing.com South Africa