Oil gains over 2% from eight-month low after US Fed chair Jerome Powell greenlights rate cuts; Brent nears $80/bbl
Oil gains over 2% from eight-month low after US Fed chair Jerome Powell greenlights rate cuts; Brent nears $80/bbl
Brent crude futures settled up by $1.80, or 2.33 per cent, at $79.02 a barrel. US West Texas Intermediate (WTI) crude futures finished up $1.82, or 2.49 per cent, at $74.83.
Brent crude futures settled up by $1.80, or 2.33 per cent, at $79.02 a barrel. US West Texas Intermediate (WTI) crude futures finished up $1.82, or 2.49 per cent, at $74.83.