Oil Settles Higher With Tax Cut Extension

Oil prices rose Friday after Congress sent a tax cut extension package to President Barack Obama, bolstering hopes that demand for energy products will strengthen in the new year. The president signed the bill into law Friday afternoon.

BING NEWS:
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    HOUSTON, Nov 14 (Reuters) - Oil prices closed slightly higher in choppy trading on Thursday ... "(This) increases the odds of a shallow Fed interest-rate-cut cycle heading into 2025 (and) overall ...
    11/14/2024 - 7:26 am | View Link
  • Alberta income tax cut still on the table despite oil prices dip
    A provincial income tax cut could be coming for Albertans, along with a reprieve at the pumps, in connection with the price of oil. With the ... set to bring with it higher than usual tides.
    10/28/2024 - 5:38 pm | View Link
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    10/25/2024 - 3:02 am | View Link
  • Oil settles higher after last week’s 8% drop as traders weigh China demand concerns
    Oil prices finished higher on Monday, regaining some of last ... Oil price gains on Monday came after the People’s Bank of China cut interest rates “more than expected as part of a series ...
    10/21/2024 - 9:36 am | View Link
  • Oil Futures Settle Higher as Fed Cut Sinks In
    Oil futures gain as the market digests implications of the Fed's 50 basis-point interest-rate cut and Israeli air strikes ... WTI for October settles up 1.5% at $71.95 a barrel ahead of Friday's ...
    09/19/2024 - 9:27 am | View Link
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