Source: Oilprice.com
Date: 21st September 2022
Oil prices climbed early on Monday morning ahead of the Fed's much-anticipated interest rate decision, rebounding from Tuesday's dip. There is expectations that the USD Fed will announce a 75 basis point hike have been weighing on oil markets all week, with fears that a resultant economic slowdown could weaken demand. While the hike itself is important, most analysts will be watching for what the Fed says about its future strategy for dealing with inflation.
Read more here.
Contact enquiry@excelube.com or whatsapp +61 434474913 for more information and offers for base oil, treated distillate aromatic extract, rubber process oils, paraffin wax emulsion and our range of services.
Contact enquiry@excelube.com for areas:
Australia, Victoria (Melbourne), Queensland (Brisbane), NSW (Sydney, Newcastle), Tasmania (Hobart), Western Australia (Perth), South Australia (Adelaide).
Date: 21st September 2022
Oil prices climbed early on Monday morning ahead of the Fed's much-anticipated interest rate decision, rebounding from Tuesday's dip. There is expectations that the USD Fed will announce a 75 basis point hike have been weighing on oil markets all week, with fears that a resultant economic slowdown could weaken demand. While the hike itself is important, most analysts will be watching for what the Fed says about its future strategy for dealing with inflation.
Read more here.
Contact enquiry@excelube.com or whatsapp +61 434474913 for more information and offers for base oil, treated distillate aromatic extract, rubber process oils, paraffin wax emulsion and our range of services.
Contact enquiry@excelube.com for areas:
Australia, Victoria (Melbourne), Queensland (Brisbane), NSW (Sydney, Newcastle), Tasmania (Hobart), Western Australia (Perth), South Australia (Adelaide).
