Tag: fed-induced

[ad_1] Investing.com — Oil prices rose Thursday, rebounding from the previous session’s sharp losses in the wake of the U.S. Federal Reserve signaling interest rates would stay higher for longer than previously expected. By 09:35 ET (13:35 GMT), the futures traded 1.5% higher at $90.97 a barrel, while the contract climbed 1.1% to $94.58. BOE…