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OPEC+ Meeting Delayed as Uncertainty Surrounds Oil Prices in Asia /
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2024-07-13 09:58:01

OPEC+ Meeting Delayed as Uncertainty Surrounds Oil Prices in Asia on Nostr: Oil Prices React to Weaker US Consumer Sentiment Amid Expectations of Fed Rate Cut ...

Oil Prices React to Weaker US Consumer Sentiment Amid Expectations of Fed Rate Cut
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#80409bb8 ver:1.28

Oil prices settle slightly lower as weaker US consumer sentiment and uncertainty over Fed rate cut weigh on the market. However, signs of stronger demand and OPEC+ production cuts may drive Brent crude to $90 per barrel, while US economic strength and hints of rate cuts could push WTI crude above $86. Accelerating Chinese growth and potential supply disruptions from an active hurricane season also impact global oil demand. #OilPrices #USConsumerSentiment #FedRateCut #OPEC #BrentCrude #WTICrude #GlobalOilDemand #HurricaneSeason...

#newstr #OilPrices #UsConsumerSentiment #FederalReserveRateCut #BrentCrudeFutures #WestTexasIntermediateCrudeFutures #ProducerPriceIndex #GasolineDemand #China #OilRigCount #Opec+

https://here.news/story/80409bb8?ver=1.28
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