federal rate hike

Busy Week in Oil: Saturday Catch-Up on 6 Top Stories

by Greg Hillman | Jul 29, 2023 | Oil Prices, China, Crude, Demand, Energy, India, News, OilPrice.com, Production, Saudi Arabia, Supply, United States | and up, China, crude, demand, exciting events, federal rate hike, fundamentals, going up, investing in oil and gas, investments, news, oil drilling, supply

It has been a busy week in oil & gas! I didn’t even have a chance to get the new news out to you before something else rolled in, so here is an end-of-the-week recap.” ~Greg

Oil Prices March On, Hit $80 Despite Federal Rate Hike

by Greg Hillman | Jul 29, 2023 | China, Demand, News, Oil Prices, Saudi Arabia, Supply | and up, China, crude, demand, federal rate hike, fuel, fundamentals, news, oil and gas investing, prices up, supply

The Federal Reserve raised interest rates by 0.25% on Wednesday, but oil prices march on past $80.

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