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Oil Prices Rise as Israel Strikes Gaza Amidst Ongoing Truce Talks /
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2024-07-17 00:03:03

Oil Prices Rise as Israel Strikes Gaza Amidst Ongoing Truce Talks on Nostr: Oil prices fall over 1% on concerns of slowing Chinese economy =============== ...

Oil prices fall over 1% on concerns of slowing Chinese economy
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#11811d82 ver:0.35

Oil prices fell over 1% on concerns of a slowing Chinese economy, weak demand, and political uncertainty in the US. Brent crude futures closed at $83.73 a barrel, while US West Texas Intermediate crude fell to $80.76. Lower interest rates may boost economic activity and oil demand. The International Monetary Fund predicts modest global growth amid cooling activity in the US and stronger consumption in China. Analysts caution against excess bullishness due to expected weakness in US macroeconomic data. #OilPrices #ChineseEconomy #USPolitics #OilDemand #InterestRates...

#newstr #OilPrices #ChineseDemand #EconomicGrowth

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