Key Points
LONDON (Reuters) -Oil prices fell on Friday and were on track for a weekly decline after the U.S. central bank indicated that interest rate cuts could be delayed by at least two more months...
Both benchmarks were poised to register weekly declines after two weeks of gains, but indications of healthy fuel demand and supply concerns could revive prices in the coming days...
U.S. Federal Reserve policymakers should delay interest rate cuts by at least another couple of months, Fed Governor Christopher Waller said on Thursday, which could slow economic growth and curb oil demand...
JPMorgans demand indicators are showing oil demand rising by 1.7 million barrels per day (bpd) month over month through Feb. 21, its analysts said in a note on Friday...
Meanwhile, Israeli Prime Minister Benjamin Netanyahus war cabinet has approved sending negotiators to truce talks taking place in Paris on Friday as pressure mounts, according to a source briefed on the matter and Israeli media...
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