Oil settles higher on Middle East supply woes, US inflation data limits gains; Brent at $89/bbl

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1 min read 27 Apr 2024, 07:42 PM IST Trade Now

Nikita Prasad

Oil prices settled higher connected Friday, garnering enactment from tensions successful the Middle East, but a beardown dollar and U.S. ostentation information quashed hopes that the Federal Reserve would chopped involvement rates soon, giving prices a ceiling.

Cheap crude lipid  imports from Russia aided the emergence  successful  margins Premium Cheap crude lipid imports from Russia aided the emergence successful margins

Oil prices settled higher connected Friday, garnering enactment from tensions successful the Middle East, but a beardown dollar and U.S. ostentation information quashed hopes that the Federal Reserve would chopped involvement rates soon, giving prices a ceiling.

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Published: 27 Apr 2024, 07:42 PM IST

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