Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil Prices Fall on Concerns of Slowing Chinese Economy and US Inflation ...
Oil Prices Fall on Concerns of Slowing Chinese Economy and US Inflation
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#909cfb47 ver:1.4
Concerns over Chinese economy and US inflation push oil prices down. Brent futures close at $83.73/barrel, WTI crude at $80.76/barrel. Slowdown in Chinese economy raises worries about oil demand. US crude inventories fall, indicating strong demand. US Fed Chair's comments on inflation boost confidence. Lower interest rates can boost oil demand. US retail sales unchanged in June. Analysts caution against excessive bullishness due to expected weakness in US macroeconomic data. #OilPrices #ChineseEconomy #USInflation #OilDemand #FedChair #InterestRates #RetailSales...
#newstr #OilPrices #ChineseEconomy #UsInflation #InterestRates
https://here.news/story/909cfb47?ver=1.4
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#909cfb47 ver:1.4
Concerns over Chinese economy and US inflation push oil prices down. Brent futures close at $83.73/barrel, WTI crude at $80.76/barrel. Slowdown in Chinese economy raises worries about oil demand. US crude inventories fall, indicating strong demand. US Fed Chair's comments on inflation boost confidence. Lower interest rates can boost oil demand. US retail sales unchanged in June. Analysts caution against excessive bullishness due to expected weakness in US macroeconomic data. #OilPrices #ChineseEconomy #USInflation #OilDemand #FedChair #InterestRates #RetailSales...
#newstr #OilPrices #ChineseEconomy #UsInflation #InterestRates
https://here.news/story/909cfb47?ver=1.4