Oil Prices Waver Amid Economic Uncertainty and Interest Rate Speculation Oil prices experienced volatility, finding some stability through technical support despite a general trend of risk aversion in broader financial markets. West Texas Intermediate (WTI) oil saw a minor decline of 0.4%, dropping below $79 per barrel amidst market fluctuations influenced by mixed economic signals and anticipation of Federal Reserve Chair Jerome Powell’s congressional testimony. The crude oil market found a semblance of support around its 200-day moving average, which acted as a barrier against further drops. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Hesitation on Rate Cuts Risks Economic Stability, Experts Warn READ MORE ZeroHedge: Futures Flat As "Crazy Week" Begins READ MORE Why You Should Pay Off Your Credit Card ASAP READ MORE Gold holds steady as geopolitical risks counter rate cut concerns READ MORE Inflation No Match for Casino Wins: U.S. Gaming Industry Sees Historic Highs in 2023 READ MORE Add a Comment Cancel replyYour email address will not be published.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