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WTI Crude Tumbles 2.8% as RBC Removes Fed Rate Cuts, Eyes Hold Through 2027

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Oil prices decline sharply as bond markets correlate with crude.
  • RBC Capital removes Fed rate cut expectations, forecasting FOMC hold through 2027, with upside risks to rates amid persistent inflation concerns.
Explore WTI price history & advisor snapshot

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Stored market data

WTI price history

101.60 +70.93% over the displayed period

Advisor Snapshot

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