Oil Slips After Fed Rate Cut, Mixed U.S. Demand Signals
Barronsยท2025-09-18 08:42
Group 1 - Oil prices are experiencing a decline, with Brent crude down 0.5% to $67.60 per barrel and WTI down 0.6% to $63.66 per barrel [2] - The Federal Reserve's anticipated rate cut is seen as a "risk-management cut" aimed at mitigating economic risks rather than indicating a significant dovish shift [2] - Lower interest rates are generally expected to boost economic activity and fuel demand, which typically drives crude prices higher [2]