Oil Gains On Prospect Of U.S. Interest Rate Cut

Oil Gains On Prospect Of U.S. Interest Rate Cut

LEADERSHIP :
Oil prices rose on Monday as the prospect of an expected interest rate cut by the U.S. Federal Reserve overshadowed pessimism over U.S.-China trade talks and forecasts of slower global economic growth. Brent crude futures LCOc1 were up 21 cents at 63.67 dollars a barrel by noon after hitting a session low of 62.92 dollars. […]
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