Oil prices slip but remain above $86 a barrel as Middle East tensions suggest no imminent escalation

by | Apr 22, 2024 | Stock Market

Oil prices retreated on Monday morning as concern eased that the geopolitical tensions in the Middle East would disrupt supply. Meanwhile, investors shifted their focus back to inflation and the prospect of the Fed’s interest-rate cuts this year.

Article Attribution | Read More at Article Source

[mwai_chat context=”Let’s have a discussion about this article:nnOil prices retreated on Monday morning as concern eased that the geopolitical tensions in the Middle East would disrupt supply. Meanwhile, investors shifted their focus back to inflation and the prospect of the Fed’s interest-rate cuts this year.nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
Share This