Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Oil prices recover slightly as traders await inflation and OPEC cues =============== ...
Oil prices recover slightly as traders await inflation and OPEC cues
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#12d86ea3 ver:2.42
Oil prices recover slightly as traders await inflation and OPEC cues. Brent crude rose to $82.22 a barrel and WTI increased to $77.85 a barrel. The rise came after strong economic data from China and the US, indicating a recovery in China's manufacturing sector and raising hopes for increased oil demand. Investors are anticipating the upcoming OPEC meeting on June 1 for further direction, with expectations that OPEC will maintain current production cuts. The market is also awaiting more cues on US inflation. #OilPrices #OPEC #Inflation #EconomicRecovery...
#newstr #OilPrices #Inflation #Opec #BrentOilFutures #WestTexasIntermediateCrudeFutures #PcePriceIndex #FederalReserve #Opec+
https://here.news/story/12d86ea3?ver=2.42
===============
#12d86ea3 ver:2.42
Oil prices recover slightly as traders await inflation and OPEC cues. Brent crude rose to $82.22 a barrel and WTI increased to $77.85 a barrel. The rise came after strong economic data from China and the US, indicating a recovery in China's manufacturing sector and raising hopes for increased oil demand. Investors are anticipating the upcoming OPEC meeting on June 1 for further direction, with expectations that OPEC will maintain current production cuts. The market is also awaiting more cues on US inflation. #OilPrices #OPEC #Inflation #EconomicRecovery...
#newstr #OilPrices #Inflation #Opec #BrentOilFutures #WestTexasIntermediateCrudeFutures #PcePriceIndex #FederalReserve #Opec+
https://here.news/story/12d86ea3?ver=2.42