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Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics /
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2024-05-03 06:01:13

Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Oil prices steady, heading for weekly drop on US economy concerns and limited supply ...

Oil prices steady, heading for weekly drop on US economy concerns and limited supply disruptions from Middle East conflict
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#12d86ea3 ver:1.86

Oil prices steady, but heading for weekly drop due to US economy concerns and limited supply disruptions from Middle East conflict. Weak global demand, rising inventories, and fading hopes for US interest rate cuts contribute to decline. OPEC+ may extend output cuts if demand doesn't pick up. Traders watch for US government action to support prices. #OilPrices #USeconomy #MiddleEastConflict #OPEC...

#newstr #OilPrices #Opec+ #DemandUncertainty #MiddleEastTensions #SupplyRisks

https://here.news/story/12d86ea3?ver=1.86
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