Brent crude dropped to $71.75 as OPEC+ extended production cuts and postponed supply increases. Weak demand, oversupply fears, and geopolitical tensions weigh heavily on oil markets.
XAUUSD & Brent decline after Fed cut and Trump win
The Federal Reserve's quarter-point rate reduction to 4.50%-4.75% influenced gold and oil prices. The rate cut aimed to sustain economic growth, while the new administration's policies may impact crude prices.
Brent crude dropped to $71.75 as OPEC+ extended production cuts and postponed supply increases. Weak demand, oversupply fears, and geopolitical tensio...
The Federal Reserve's quarter-point rate reduction to 4.50%-4.75% influenced gold and oil prices. The rate cut aimed to sustain economic growth, while...
Crude Oil
Gold
BRN
XAUUSD
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