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Oil Extends Drop on Mideast Cease-Fire Prospects, US Inflation

Oil extended a decline on the prospect a cease-fire in the Middle East will ease tensions and as signs of elevated inflation weigh on the outlook for US demand ahead of a Federal Reserve meeting.

By: financialpost.com

May 01 2024
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Oil Extends Drop on Mideast Cease-Fire Prospects, US Inflation

(Bloomberg) — Oil extended a decline on the prospect a cease-fire in the Middle East will ease tensions and as signs of elevated inflation weigh on the outlook for US demand ahead of a Federal Reserve meeting. Read More

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