Crude oil sizzles on US Fed rate cut: Brent nears $74 with six-day rise, WTI stages recovery on demand optimism | Stock Market News
Source: Live Mint Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China. Brent futures settled at $74.88 a barrel, up by $1.23, or 1.7%. U.S….