Rising U.S. Gasoline Demand Stabilizes Oil Prices Despite Fed Rate Worries Oil prices remained steady on Friday as rising U.S. gasoline demand balanced concerns over interest rate uncertainties following the Federal Reserve’s recent comments. Brent crude futures were slightly up at $81.37 a barrel, while U.S. West Texas Intermediate crude futures edged down to $76.85. Both benchmarks had hit multi-month lows on Thursday. Investors are evaluating the Fed’s stance on potential future rate hikes amid persistent inflation. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Global Concerns Rise Over U.S. Economy's Impact on World Currencies READ MORE Economists at Commerzbank Expect the Gold Price To Remain Supported READ MORE Consumer Price Growth Slows, Potential Relief for Fed Rate Decisions READ MORE Treasury Yields Drop as Inflation Data Bolsters Rate Cut Hopes READ MORE ZeroHedge: Silver: The Moment to Take Action Has Arrived READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment