Oil ticks higher as traders await Fed decision, inventory data

Oil futures rose modestly early Wednesday, attempting to bounce after back-to-back losses as traders awaited an expected rate cut by the Federal Reserve and official data on crude and product inventories.

Dec 18, 2024 - 04:45
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Oil ticks higher as traders await Fed decision, inventory data
Oil futures rose modestly early Wednesday, attempting to bounce after back-to-back losses as traders awaited an expected rate cut by the Federal Reserve and official data on crude and product inventories.

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