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At Close: Jul 13, 2026

Crude Oil Prices Rise on Fed's Pause in Rate Hikes

10:35pm, Wednesday, 22'nd Mar 2023
Oil prices surge due to Fed's rate hike pause, pushing U.S. benchmark to highest close since March 14.
Oil prices settled with a gain on Wednesday, shortly after the Federal Reserve announced its decision to boost its benchmark fed funds rate by a quarter of one percentage point. Oil prices and equitie
The significant decline in gasoline inventories provided material support to oil markets.
Jeffrey Currie, Goldman Sachs global head of commodities research, joins CNBC's 'Squawk on the Street' to discuss his outlook on energy markets.
Crude oil markets have rallied a bit during the trading session on Wednesday, following strong days on both Monday and Tuesday.
Crude oil prices are edging lower after an unexpected rise in API inventories, ahead of the EIA report and the Fed's interest rate decision.
Oil fell in early Asian trade on Wednesday, paring two straight days of gains after an industry report showed U.S. crude inventories rose unexpectedly last week in a sign fuel demand may be weakening.

Oil Oversold After Macro Fears Hit Market

05:58pm, Tuesday, 21'st Mar 2023
The macro-environment looks set to weigh heavily on oil this year. Prices are currently being moved less by fundamentals and more by concerns that a banking crisis could spill over into the physical e
CNBC's Pippa Stevens joins ‘Power Lunch' to report on the oil market close.

Oil futures finish higher for a second session

02:39pm, Tuesday, 21'st Mar 2023
Oil prices climbed on Tuesday to post a second straight session gain. Prices have bounced back sharply off their recent lows as “risk sentiment improved following the coordinated actions of major ce

Goldman Sachs slashes crude oil price forecast

01:34pm, Tuesday, 21'st Mar 2023
Goldman Sachs (NYSE:GS) has slashed its crude oil price forecasts for 2023 and 2024, citing the recent decline in oil prices as banking and recession fears have seen investor flows dry up. The invest
Natural gas found some support near the $2.15 level.
Crude oil markets have rallied a bit during the trading session on Tuesday as we continue to see the market try to recover.
Stress in the financial sector is complicating Wall Street's outlook for crude.
U.S. crude oil prices slip after Monday's reversal bottom, as concerns over global banking sector's impact on fuel demand linger.
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