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Oil Extends Two-Day Climb on Renewed Optimism for US Rate Cuts

Oil headed for a third day of gains — putting crude on course for a weekly advance — as US jobs data supported the case for Federal Reserve rate cuts this year, buoying risk assets.


  • May 10 2024
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Oil Extends Two-Day Climb on Renewed Optimism for US Rate Cuts
Oil Extends Two-Day Climb on Renewed Optimism for US Rate Cuts
(Bloomberg) — Oil headed for a third day of gains — putting crude on course for a weekly advance — as US jobs data supported the case for Federal Reserve rate cuts this year, buoying risk assets. Read More

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