Oil prices slip as inflation fears haunt the market
Publishing timestamp: 2024-04-11 13:32:52
Summary
Oil prices rose on Wednesday due to fears of potential Iranian strike on Israel, but dipped on Thursday due to inflation concerns. Federal Reserve expected to start reducing interest rates later than originally forecast. Crude oil demand may be affected by lower interest rates and inflation.
Sentiment: MIXED
Keywords: wti crude (mar'23), markets, business news, breaking news: markets, investment strategy, oil and gas, ice brent crude (apr'23),
Source: https://www.cnbc.com/2024/04/11/crude-oil-prices-today.html