Forex
globalreutersJune 12, 20241 Mins read
Crude Oil rally stumbles after Fed leans away from rate cuts, WTI falls back below $78
globalreutersJune 12, 20241 Mins read West Texas Intermediate (WTI) US Crude Oil rose through Wednesday’s early trading, hitting a fresh June high near $79.00 per barrel before slumping back below $78.00 after the Energy Information Administration (EIA) reported another buildup in US Crude Oil supplies coupled with another Federal Reserve (Fed) rate hold.
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