Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Despite Inflation, Americans Are Still Taking Summer Vacations and Fuel Demand ...
Despite Inflation, Americans Are Still Taking Summer Vacations and Fuel Demand Remains Steady
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#909cfb47 ver:1.32
Despite rising oil prices due to strong summer demand in the US and concerns about global oil supplies, there are signs of less-than-expected demand growth, particularly in Asia. Crude imports into Asia, especially China, have been lower in the first half of 2024 compared to last year. Additionally, there are indications of subsiding inflation and contracting US manufacturing activity, which could impact oil prices. However, Americans are still taking summer vacations and fuel demand remains steady. #OilPrices #SummerTravel #FuelDemand...
#newstr #OilPrices #SummerTravel #Inflation #GasolinePrices #CrudeOilDemand #UsStockpiles #InterestRateCuts #GeopoliticalTensions #Russia #SaudiAramco #GazaConflict #France #UnitedKingdom #Asia #China #UsManufacturingActivity #Opec #RefiningCapacity
https://here.news/story/909cfb47?ver=1.32
===============
#909cfb47 ver:1.32
Despite rising oil prices due to strong summer demand in the US and concerns about global oil supplies, there are signs of less-than-expected demand growth, particularly in Asia. Crude imports into Asia, especially China, have been lower in the first half of 2024 compared to last year. Additionally, there are indications of subsiding inflation and contracting US manufacturing activity, which could impact oil prices. However, Americans are still taking summer vacations and fuel demand remains steady. #OilPrices #SummerTravel #FuelDemand...
#newstr #OilPrices #SummerTravel #Inflation #GasolinePrices #CrudeOilDemand #UsStockpiles #InterestRateCuts #GeopoliticalTensions #Russia #SaudiAramco #GazaConflict #France #UnitedKingdom #Asia #China #UsManufacturingActivity #Opec #RefiningCapacity
https://here.news/story/909cfb47?ver=1.32