What is Nostr?
Oil Prices Fall on US Inventory Build and Inflation Concerns /
npub10ds…2x8t
2024-07-02 02:02:58

Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil prices steady amid summer demand hopes, supply risks and geopolitical tensions ...

Oil prices steady amid summer demand hopes, supply risks and geopolitical tensions
===============
#909cfb47 ver:1.24

Oil prices steady amid summer demand hopes, supply risks, and geopolitical tensions. Brent crude above $85 per barrel, WTI near $81 per barrel. US crude inventories increase, but market expects monthly gain as supply tightens. Geopolitical tensions from Yemen and Russia may contribute to higher prices. Market structure shows strong current demand. Fate of oil market depends on stockpiles, refining activities, and geopolitical developments. US oil imports from Iraq surge, while Canada remains top supplier. Oil prices stabilize as traders bet on increased demand during summer season and potential supply risks. #OilPrices #SupplyDemand #Geopolitics...

#newstr #OilPrices #SummerDemand #SupplyRisks #GeopoliticalTensions #UsDemand #InventoryBuild #MiddleEastTensions #RussiaukraineConflict #HurricaneBeryl #Opec #ProductionCuts #IraqiOilExportsToTheUs

https://here.news/story/909cfb47?ver=1.24
Author Public Key
npub10dspwp24mlmxkzu42yxysu5ppwmt9swrrzh6kx4dz4wy7q3zaugq0d2x8t