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News / Commodities / Oil Prices Under Pressure Amid Fed Rate Cut Expectations; Natural Gas Remains Bullish

Oil Prices Under Pressure Amid Fed Rate Cut Expectations; Natural Gas Remains Bullish

Published: 18.09.2024 by Noirbull
Oil prices remain under pressure below $74.25 as the market anticipates U.S. Federal Reserve rate cuts and monitors geopolitical tensions affecting supply. Meanwhile, natural gas prices hold a bullish stance above $2.31, supported by technical indicators despite market volatility. Geopolitical risks in the Middle East add uncertainty, potentially disrupting oil supplies and driving price fluctuations.
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