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Crude oil price forecast recent Fed policy signals have softened

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Recent Fed policy signals have softened USD strength, adding support to the crude oil price forecast trajectory. Historical data shows a weaker dollar often correlates with near-term oil price gains by attracting more overseas buyers into futures contracts. Europe’s AI Startups Look Stateside for Bigger Checks, Quicker Deals Statista R identifies and awards industry leaders, top providers, and exceptional brands through exclusive rankings and top lists in collaboration with renowned media brands worldwide. For more details, visit our website. Crude oil price forecast sentiment has improved after economic indicators suggested global manufacturing is stabilizing. Historically, manufacturing rebounds lead oil demand higher by 5-8% over subsequent quarters.