Oil price news: Oil steady before U.S. market outlook and Wednesday's Fed decision

📆 6/11/2024 7:37 AM
📰 BNNBloomberg

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Oil held the biggest jump since March ahead of market outlook reports and as the Organization of the Petroleum Exporting Countries maintained a forecast for strengthening demand.

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Oil price news: Oil trades near 3-month low on rising stocks and hawkish FedOil steadied near the lowest closing level in three months as traders weighed rising U.S. crude stockpiles and signs that the U.S. Federal Reserve may hold interest rates higher for longer.
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