[Opinion] Oil prices dip as US economic concerns outweigh Fed rate cut

La Nación, Grupo Nación

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Oil prices lost ground on Thursday, September 18, due to fears of a slowdown in growth in the United States.Canal of Panama launches gas pipeline project to transport U.S. fuelThe price of Brent del Mar del Norte barrel for delivery in November lost 0.75% to $67.44.Its American equivalent, the West Texas Intermediate barrel, for delivery in October, also yielded 0.75% to $63.57.The Federal Reserve dropped its interest rates for the first time th…

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Oil prices fell at the time of the settlement yesterday, with investors concerned about expectations for the US economy, one day after the Federal Reserve (United States Central Bank) first cut interest rates this year. Brent's future contracts at the settlement fell 51 cents, or 0.8%, to $67.44 a barrel.