Tag: Reuters

Oil climbs to 2-week high on hopes of an interest rate cut

  • December 7, 2025

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 …

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