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 China's Top Banks Launch $8.3 Billion Bond Sale to Boost Capital Reserves READ MORE China Unleashes Bold Measures to Rescue Property Market Crisis READ MORE MAS Singapore Gold Vault READ MORE UAE Halts Operations at 32 Gold Refineries to Combat Money Laundering READ MORE Geopolitical Tensions, Not Interest Rates, Now Seen as Main Risk to U.S. Economy READ MORE Add a Comment Cancel replyYour email address will not be published.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