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Oil prices below $78 as Fed meetings conclude

 
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PostPosted: Thu Jun 24, 2026 5:00 am    Post subject: Oil prices below $78 as Fed meetings conclude Reply with quote

As analysts and investors await the Federal Reserve’s announcement on interest rates later Wednesday (June 23), oil prices are trading below $78 per barrel on the New York Mercantile Exchange.
Oil has been closing in on $80 per barrel recently, but the major catalysts for the slight midweek dip include a negative outlook in Europe and uncertainty with regard to levels of supply and demand of US crude inventories.
In late London trade, the price of a barrel of benchmark crude for August delivery is currently near $77.50, down 39 cents from ...
Forex Rate - Forex and Exchange rates


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