Economy Politics Country 2025-12-08T07:10:55+00:00

Oil Prices Hit Two-Week High

Investors expect a US rate cut to boost energy demand, while monitoring geopolitical risks to oil supplies.


Oil Prices Hit Two-Week High

Oil prices hit a two-week high on Monday as investors anticipate a US interest rate cut this week. This is expected to boost economic growth and energy demand, while they also monitor geopolitical risks threatening oil supplies from Russia and Venezuela.