
: : U.S. oil prices settle at their lowest in two and a half weeks #FinanceUSA #StockMarketNEWS Oil futures declined on Monday, with U.S. benchmark prices settling at their lowest in about two and a
@stockMarketNEWS Tue 31 Jan, 2023
: U.S. oil prices settle at their lowest in two and a half weeks #FinanceUSA #StockMarketNEWS
Oil futures declined on Monday, with U.S. benchmark prices settling at their lowest in about two and a half weeks. Uncertainty surrounds the outlook for demand and production ahead of an expected interest-rate hike by the Federal Reserve and a committee meeting of the Organization of the Petroleum Exporting Countries and their allies, both due Wednesday. U.S. benchmark West Texas Intermediate crude for March delivery CLH23 declined by .78, or 2.2%, to settle at .90 a barrel on the New York Mercantile Exchange, the lowest front-month contract finish since Jan. 11, according to Dow Jones Market Data.
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