Written by Marwa Al-Ghoul Monday, February 19, 2024 02:00 PM It decreased Oil prices In early transactions today, as markets absorbed comments from Federal Reserve officials indicating caution before a possible rate cut, while transactions were weak on a public holiday in the United States.
Brent crude futures fell 58 cents, or 0.69%, to record $82.89 per barrel, and West Texas Intermediate crude futures fell 35 cents, or 0.44%, to $78.84 per barrel, according to the Omani News Agency.
Markets are still awaiting the direction of demand from China after its return from the week-long Lunar New Year holiday, while transactions remained weak due to the Presidents Day holiday in the United States.
2024-02-19 12:00:00
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