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Project News Details
Title |
Oil falls on demand concerns after Fed signals slower easing ahead |
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Detail |
Oil prices dipped in early Thursday trading as the U.S. Federal Reserve signaled a slower pace of interest rate cuts in 2025, potentially curbing fuel demand. Brent crude fell to $73.06 a barrel, while U.S. West Texas Intermediate crude dropped to $70.22. This decline reversed some gains from Wednesday, driven by falling U.S.
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Country | ||||
Source | ET Energy World | |||
Regions | Asia SAARC Countries South Asia | |||
Sectors | Non-Renewable Energy Oil and Gas Construction Energy-Power and Electrical Computer Hardwares and Consumables | |||
Published Date | 18.12.2024 | |||
Original Url | Original Url | |||
Share |
Title |
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Oil falls on demand concerns after Fed signals slower easing ahead
|
Detail |
Oil prices dipped in early Thursday trading as the U.S. Federal Reserve signaled a slower pace of interest rate cuts in 2025, potentially curbing fuel demand. Brent crude fell to $73.06 a barrel, while U.S. West Texas Intermediate crude dropped to $70.22. This decline reversed some gains from Wednesday, driven by falling U.S. |
Country |
India
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Source |
ET Energy World |
Regions |
Asia SAARC Countries South Asia |
Sectors |
Non-Renewable Energy Oil and Gas Construction Energy-Power and Electrical Computer Hardwares and Consumables |
Published Date |
18.12.2024 |
Original Url |
Share |
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