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Tag: Rate

Oil Prices Wobble: Rate Cut Hopes Offset by China’s Slowdown

September 17, 2024September 17, 2024

  • by Frank Aboagye Jackson
  • Leave a Comment on Oil Prices Wobble: Rate Cut Hopes Offset by China’s Slowdown

Oil Prices Wobble: Rate Cut Hopes Offset by China’s Slowdown

Oil prices edged up slightly on Monday, anticipating a potential U.S. interest rate cut. However, the gains were capped by concerns about slowing economic growth in China, the world's top oil importer. Limited Gains: Brent crude futures rose marginally by 3

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