Oil Prices Rise as Israel Strikes Gaza Amidst Ongoing Truce Talks on Nostr: Oil prices stabilize after three-day drop on US crude inventory estimate ...

Oil prices stabilize after three-day drop on US crude inventory estimate
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#11811d82 ver:0.36

Oil prices stabilize after three-day drop on US crude inventory estimate. US crude stockpiles shrank by 4.4 million barrels, contributing to the stabilization. Despite supply cuts by OPEC+, weak demand in China has caused prices to fall from their peak. Russia plans to implement additional production cuts to compensate for exceeding its OPEC+ quota. #OilPrices #USCrude #OPEC #China #Russia...

#newstr #Oil #UsCrudeStockpiles #Opec+ #China #Russia

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