Oil Prices Fall as US Federal Reserve Official Postpones Interest Rate Cuts

Oil prices Oil prices fell, Friday, after a US Federal Reserve official said that interest rate cuts should be postponed for at least two additional months. By 1313 GMT, Brent crude futures fell 1.35, or 1.6 percent, to $82.32 per barrel. US West Texas Intermediate crude futures also fell 1.35, or 1.7 percent, to $77.26. … Continue reading Oil Prices Fall as US Federal Reserve Official Postpones Interest Rate Cuts