Oil Prices Rise Nearly 1% as Fed Rate Cut Expectations Boost Markets Crude oil prices climbed nearly 1% on Friday, hitting a two-week high as investors anticipated a possible interest rate cut by the U.S. Federal Reserve. Traders expect a rate reduction to stimulate economic growth, which in turn boosts demand for energy and crude …
Tag: Federal Reserve
October State Tax Report Shows Stable Oklahoma Revenue
Treasurer Russ Reports Steady Growth and Energy Strength State Treasurer Todd Russ released the October 2025 State Tax Revenue Report, showing total collections of $1.45 billion—a 3.4% decrease from September, but a 4.4% increase over October 2024. Over the past 12 months, Oklahoma has collected $17.03 billion, a 0.5% year-over-year increase, signaling continued fiscal stability …
Oil Prices Fall After Fed Rate Cut and Trump-Xi Talks
Crude Oil Prices Slip Amid Trade Uncertainty A combination of the Federal Reserve’s latest rate cut and the meeting between President Donald Trump and Chinese President Xi Jinping sent crude oil prices falling on Thursday.Early trading showed the decline continuing through the afternoon, with U.S. benchmark West Texas Intermediate (WTI) crude closing at $60.25 per …