Jul 19, 2023

Brent Oil Hovers Over $80 as Inflation Worries Ease

LONDON—Global oil benchmark Brent hovered above $80 on Wednesday, buoyed by China's pledge to reinvigorate economic growth and expectations the U.S. Federal Reserve will stop raising interest rates soon. Brent futures rose 38 cents at $80.01 a barrel by 0956 ...