Oil prices decline as U.S. crude supplies climb for a third week in a row
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2025
0mins
Source: MarketWatch
Oil Futures Decline: Oil futures are expected to experience a loss for the first time in four sessions due to a reported increase in U.S. crude supplies for the third consecutive week.
Federal Reserve's Interest Rates: Federal Reserve Chair Jerome Powell has stated that interest rates will remain steady for an extended period, despite President Trump's requests for lower rates to stimulate the economy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
