Oil prices rise more than 1% on Fed rate cut outlook, signs of rising gasoline demand
Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California, on July 30, 2013. David Mcnew | Reuters Crude oil futures rose Wednesday as Federal Reserve Chair Jerome Powell indicated that interest rates will likely come down this year, though the central bank is […]