Oil Prices: Fed Rate Cut Impact and Demand Trends

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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Oil prices held steady after the Federal Reserve cut interest rates, signaling potential future demand increases. Despite rising distillate stockpiles hinting at demand weakness, overall global oil demand is up, driven by growth in Europe, the Middle East, and Latin America, offsetting post-travel season slowdowns elsewhere. Hosted on Acast. See acast.com/privacy for more information.

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