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Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics /
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2024-04-29 06:01:07

Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Oil Prices Fall on Israel-Hamas Ceasefire Talks and US Inflation Concerns ...

Oil Prices Fall on Israel-Hamas Ceasefire Talks and US Inflation Concerns
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#12d86ea3 ver:1.75

Oil prices fall on Israel-Hamas ceasefire talks and US inflation concerns, erasing gains from Friday. Brent crude futures down 1.1% to $88.50 a barrel, WTI futures down 1% to $83.01 a barrel. Efforts to mediate ceasefire ease tensions, US inflation data dims rate cut prospects. Stronger dollar hurts oil demand. China's industrial profit growth slows. Prices could swing higher with improved US inventory data and China's PMI index. #OilPrices #IsraelHamas #Inflation #USFed #OilDemand #China...

#newstr #OilPrices #Israel #Hamas #CeasefireTalks #UsInflation #BrentCrudeFutures #WestTexasIntermediate(wti)Futures #GeopoliticalTensions #InterestRateCuts #UsFederalReserve #UsDollar #CommodityPrices #China #IndustrialProfitGrowth

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