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Oil rises on signs of strong demand and rate cut hopes - Vimarsana News

Oil rises on signs of strong demand and rate cut hopes

LONDON :Oil rose on Wednesday, supported by signs of strong global demand including from top consumer the United States while hopes that the Federal Reserve might start cutting rates soon also buoyed sentiment despite somewhat sticky U.S. inflation.In an indication of healthy demand, U.S. crude oil and fuel i

Oil Rises on Signs of Strong Demand, Rate Cut Hopes - Vimarsana News

Oil Rises on Signs of Strong Demand, Rate Cut Hopes

Oil rose on Wednesday, supported by signs of strong global demand including from top consumer the United States while hopes that the Federal Reserve might start cutting rates soon also buoyed sentiment despite somewhat sticky US inflation. In an indication of healthy demand, US crude oil and fuel inventories fell last week, according to market sources citing American Petroleum Institute figures ahead of Wednesday's official US inventory report.

Source: aawsat.com
Oil rises on signs of strong demand and rate cut hopes - Markets - Vimarsana News

Oil rises on signs of strong demand and rate cut hopes - Markets

LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian...

Oil rises on Russian refinery attacks, signs of strong demand - Markets - Vimarsana News

Oil rises on Russian refinery attacks, signs of strong demand - Markets

LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian...

Gold at one-week high as soft dollar, Middle East turmoil lift demand - Vimarsana News

Gold at one-week high as soft dollar, Middle East turmoil lift demand

Gold prices rose to a nearly one-week high as a slight pullback in the U.S. dollar and growing tensions in the Middle East lifted bullion's safe-haven appeal.

Source: cnbc.com