Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil prices rise on inventory drawdown outlook and Middle East risks =============== ...
Oil prices rise on inventory drawdown outlook and Middle East risks
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#909cfb47 ver:1.11
Despite a surprise increase in U.S. stockpiles, oil prices rose in Asian trade due to Middle East risks and expectations of a future inventory drawdown. Brent crude futures increased 0.5% to $85.41 a barrel, while U.S. West Texas Intermediate crude futures gained 0.5% to $81.26 per barrel. Geopolitical tensions and conflict in the Middle East, along with forecasts of peak demand in Q3, contributed to the rise. #OilPrices #MiddleEastRisks #InventoryDrawdown...
#newstr #Oil #InventoryDrawdown #MiddleEast #GeopoliticalRisks
https://here.news/story/909cfb47?ver=1.11
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#909cfb47 ver:1.11
Despite a surprise increase in U.S. stockpiles, oil prices rose in Asian trade due to Middle East risks and expectations of a future inventory drawdown. Brent crude futures increased 0.5% to $85.41 a barrel, while U.S. West Texas Intermediate crude futures gained 0.5% to $81.26 per barrel. Geopolitical tensions and conflict in the Middle East, along with forecasts of peak demand in Q3, contributed to the rise. #OilPrices #MiddleEastRisks #InventoryDrawdown...
#newstr #Oil #InventoryDrawdown #MiddleEast #GeopoliticalRisks
https://here.news/story/909cfb47?ver=1.11