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Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics /
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2024-05-21 06:02:20

Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Oil Prices Fluctuate on US Interest Rates and Political Uncertainty in Iran and Saudi ...

Oil Prices Fluctuate on US Interest Rates and Political Uncertainty in Iran and Saudi Arabia
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#12d86ea3 ver:2.19

Oil prices fluctuate on mixed signals from US Federal Reserve and OPEC+, as concerns about US inflation and interest rates impact the market. Despite political uncertainty in Iran and Saudi Arabia, the market remains unfazed. Investors await the upcoming OPEC+ meeting on June 1 to set output policy and consider extending voluntary cuts. Lower interest rates could potentially boost economic growth and oil demand. #OilPrices #FederalReserve #OPEC+ #Inflation #InterestRates #Iran #SaudiArabia...

#newstr #OilPrices #UsInflation #InterestRates #Iran #SaudiArabia

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