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 Copper Prices Dip Amidst Dollar Strength and China's Real Estate Slump READ MORE Gold Demand Hits Q2 Record Despite Consumer Pullback READ MORE LBMA: 2024 Precious Metals Analysts' Forecasts READ MORE Federal Reserve's Critical Year: Balancing Inflation Fight and Interest Rate Cuts READ MORE Fed Leaves Rates Steady, Projects Fewer Cuts in 2024 Amid Slower Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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