The energy industry might very well remember the Kamala Harris and Tim Walz acceptance speeches as what was not said by the two candidates. Whether you support Kamala Harris as the Democratic nominee for President or not, it is clear that the energy industry apparently was not on her mind when she accepted …
August 23, 2024 archive
Suggestion of interest rate cut sent crude prices up more than 2% on Friday
Crude oil finished the week with a more than 2% gain on Friday, thanks to a strong hint from U.S. Federal Reserve Chair Jerome Powell that the central bank would likely cut interest rates. West Texas Intermediate crude closed up $1.82 or 2.49% at $74.83 a barrel on the New York Mercantile Exchange. Brent crude …
