Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Oil prices slide to three-month lows as concerns over US economy persist ...
Oil prices slide to three-month lows as concerns over US economy persist
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#12d86ea3 ver:2.37
Oil prices slide to three-month lows as concerns over US economy persist. Lower demand and economic uncertainty have led to a decline in crude oil prices. Rising crude oil stockpiles and the anticipation of a ceasefire deal in the Hamas-Israel conflict have also contributed to the oversupply situation. However, strong economic data from China and the US, along with firming seasonal US fuel demand, have provided some support. All eyes are now on the upcoming OPEC meeting on June 1 for further direction. #OilPrices #USeconomy #OPEC...
#newstr #OilPrices #CrudeOil #Brent #UsEconomy #InterestRates #Opec+ #Gasoline #Japan #Russia #Orlen #Petrobras #SingaporeFuelOilStocks
https://here.news/story/12d86ea3?ver=2.37
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#12d86ea3 ver:2.37
Oil prices slide to three-month lows as concerns over US economy persist. Lower demand and economic uncertainty have led to a decline in crude oil prices. Rising crude oil stockpiles and the anticipation of a ceasefire deal in the Hamas-Israel conflict have also contributed to the oversupply situation. However, strong economic data from China and the US, along with firming seasonal US fuel demand, have provided some support. All eyes are now on the upcoming OPEC meeting on June 1 for further direction. #OilPrices #USeconomy #OPEC...
#newstr #OilPrices #CrudeOil #Brent #UsEconomy #InterestRates #Opec+ #Gasoline #Japan #Russia #Orlen #Petrobras #SingaporeFuelOilStocks
https://here.news/story/12d86ea3?ver=2.37