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Oil Prices Fall on US Inventory Build and Inflation Concerns /
npub10ds…2x8t
2024-06-28 08:59:51

Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil prices edge higher as Middle East tensions offset US demand concerns ...

Oil prices edge higher as Middle East tensions offset US demand concerns
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#909cfb47 ver:1.21

Oil prices stabilize after slight decline due to increase in US crude inventories, but tensions in the Middle East offset demand concerns. Brent crude above $85/barrel, WTI near $81/barrel. Geopolitical risks from Yemen and Russia may contribute to higher prices. Market structure shows bullish trend with strong current demand. Fate of oil market depends on stockpiles, refining activities, and geopolitical developments. #OilPrices #MiddleEastTensions #USDemand #GeopoliticalRisks...

#newstr #Oil #UsCrudeInventories #TighteningMarket #GeopoliticalTensions #UsDemand #InventoryBuild #UsEconomicData #UsDollar #Inflation #InterestRates #FuelConsumption #MiddleEastTensions #UsFederalReserve

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