WTI crude oil was trading around $73.35 on Wednesday. WTI crude oil prices fell slightly on reports that Hezbollah and Israel may cease fire. However, concerns about possible attacks on Iran's oil infrastructure may limit its downside. From the daily chart level, the medium-term trend of crude oil is that the price crosses the moving average system, and the...
The minutes of the Federal Reserve's September monetary policy meeting revealed deeper divisions at the Fed. Although only one person, Fed Governor Bowman, voted against the decision, the minutes showed that there were more divisions among policymakers than the nearly unanimous decision would indicate. The Fed cut its benchmark policy rate by 50 basis points in...