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Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics /
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2024-05-28 02:29:48

Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Oil prices steady as investors await inflation data and OPEC+ meeting =============== ...

Oil prices steady as investors await inflation data and OPEC+ meeting
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#12d86ea3 ver:2.47

Oil prices steady as investors await inflation data and OPEC+ meeting. Brent crude at $83.13/barrel, WTI at $78.73/barrel. Concerns about lower oil demand and global economic uncertainty have led to a decline in prices. Positive economic data from China and the US raises hopes for increased oil demand. OPEC+ meeting on June 1 expected to discuss maintaining output cuts. Investors await inflation data to assess US monetary policy. #OilPrices #OPEC #InflationData #EconomicOutlook...

#newstr #OilPrices #InflationData #Opec+ #BrentCrude #WtiCrude #InterestRatePolicy #GermanInflationData #EuroZoneReadings #OilDemandForecast #ElectricVehicleAdoption #Refineries

https://here.news/story/12d86ea3?ver=2.47
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