Federal Reserve announces no change in US interest rates, dollar weakens, oil jumps

28-Apr-16
Front-month Brent settled at US$47.18, WTI’s front-month contract settled at US$45.33 a barrel. Federal Reserve's announcement to leave US interest rates unchanged has weakened the US dollar as oil prices jumped about 3%, hitting new highs for 2016. Earlier in the week, crude inventories in USA had dropped, but prices retreated after the U.S. Energy Information Administration reported in the morning that crude stocks climbed 2 mln barrels last week to an all-time peak of 540.6 mln barrels.
  More News  Post Your Comment

Previous News

Next News

{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

*

Name Required.

*

Please enter Company Name.

*

Please Select Country.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
Unused tiffin, lunch box moulds

Unused tiffin, lunch box moulds