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Oil Prices Rise as Israel Strikes Gaza Amidst Ongoing Truce Talks /
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2024-07-16 06:57:42

Oil Prices Rise as Israel Strikes Gaza Amidst Ongoing Truce Talks on Nostr: Oil prices slip on concerns over Chinese demand =============== #11811d82 ver:0.31 ...

Oil prices slip on concerns over Chinese demand
===============
#11811d82 ver:0.31

Oil prices slip on concerns over weak Chinese demand and US political fallout. Brent crude futures rose 0.1% to $85.10 a barrel, while West Texas Intermediate crude futures rose 0.1% to $84.15 a barrel. Chinese GDP growth of 4.7% and signs of a cooling global economy cast doubts on oil demand. The stronger dollar and weak demand in China contribute to the decline in oil prices. Lower interest rates may boost economic activity and oil demand. #OilPrices #ChineseDemand #USPolitics #EconomicOutlook...

#newstr #OilPrices #China #DemandConcerns #EconomicData #InterestRates

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