![Crude oil prices rise as top consumers increase demand](https://market-tracker.in/wp-content/uploads/2024/03/107309944-1696251964686-gettyimages-1699429757-AFP_33WC8J7-600x400.jpeg)
Crude oil prices rise as top consumers increase demand
The world’s largest oil consumers, China and the United States, saw rising demand on Friday, which contributed to an increase in oil prices. Additionally, the U.S. Federal Reserve signaled favorably that rate cuts might be possible. The price of a barrel of Brent crude futures had increased by 0.45%, or 37 cents. U.S. West Texas…