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Oil Prices Fall on US Inventory Build and Inflation Concerns /
npub10ds…2x8t
2024-07-05 07:03:59

Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil prices on track for fourth straight week of gains =============== #909cfb47 ...

Oil prices on track for fourth straight week of gains
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#909cfb47 ver:1.3

Oil prices on track for fourth straight week of gains, rising 7% for Brent crude and 9% for WTI crude. Strong summer demand in the US, geopolitical tensions in the Middle East, and a drawdown in inventories contribute to the increase. However, signs of less-than-expected demand growth in Asia and contracting US manufacturing activity may limit gains. Investors closely monitoring potential interest rate cuts by the Federal Reserve. #OilPrices #DemandGrowth #GeopoliticalTensions #InterestRates...

#newstr #OilPrices #BrentCrude #WestTexasIntermediate #UsDemand #GeopoliticalTensions #UsInventories #Russia #SaudiAramco #Gaza #France #Uk

https://here.news/story/909cfb47?ver=1.3
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