Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Crude Oil Prices Experience Steepest Weekly Decline in Three Months Amid Weak US Job ...

Crude Oil Prices Experience Steepest Weekly Decline in Three Months Amid Weak US Job Growth
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#12d86ea3 ver:1.99

Crude oil prices experience steepest weekly decline in 3 months due to weak US job growth and concerns about Federal Reserve interest rate cut. Brent crude futures fell 0.85% to $82.96/barrel and US WTI crude futures dropped 1.06% to $78.11/barrel. US job growth slower than expected, prompting bets on September rate cut. OPEC+ meeting in June could extend output cuts if demand doesn't increase. Traders should monitor WTI Crude Oil trading this week to gauge sentiment. #OilPrices #USJobs #FederalReserve #OPEC #WTICrudeOil...

#newstr #CrudeOil #WtiCrudeOil #PriceDrop #SupportLevels #Fundamentals #Opec #ProductionLevels #Trading #Speculation

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