Oil prices climb on hurricane impact ahead of US rate decision
- Posted on September 17, 2024
- By Business News Today
- 3 Views
Oil prices climb on hurricane impact ahead of US rate decision
Oil prices rose on Monday due to Hurricane Francine's impact on U.S. Gulf of Mexico output, offsetting Chinese demand concerns ahead of the U.S. Federal Reserve's interest rate decision. Brent crude settled at $72.75 a barrel, while U.S. crude settled at $70.09 a barrel.
