RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DividendThe announcement was at 2pm Eastern 1PM Central therefore the market did not close before the announcement as I watched it rise then fall that day, closing negative. He's a copy/paste a story of the price action during the day, specifically shortly after the announcement. In fact it continued to decline after the news and dropped as low as $69.82 at 4:55 CDT..."But the market was closed but the market was closed, WAH"... The U.S. crude oil benchmark, West Texas Intermediate (WTI), was trading down nearly a percentage point, with Brent crude not far behind just minutes before the Fed rate cut announcement on Wednesday.
Oil prices began responding to the rate cut immediately, with downward trending prices flattening out just minutes after the rate cut announcement.
At 2:11 p.m. ET on Wednesday, Brent crude was trading up 0.11% at $73.78, while WTI was trading down 0.10% at $71.12. The DOW also jumped 30 points on the announcement.
https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Rise-on-Jumbo-Fed-Rate-Cut.html
or how about this:
Oil prices close slightly lower after Fed cuts interest rates for first time in years
https://www.cnbc.com/2024/09/18/crude-oil-prices-today.html