Oil Prices Surge Amid Fears of Production Cuts and Houthi Attacks
Oil prices rose today, Wednesday, as investors balanced fears of major producers reducing production and Houthi attacks in the Red Sea with weak expectations for a cut in US interest rates. Brent crude futures rose 12 cents, or 0.15 percent, to $82.46 per barrel by 0100 GMT, while US West Texas Intermediate crude futures rose … Read more