OPEC+ Meeting Delayed as Uncertainty Surrounds Oil Prices in Asia on Nostr: Brent crude slips below $87 after US inventory drop =============== #80409bb8 ...
Brent crude slips below $87 after US inventory drop
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#80409bb8 ver:0.96
#OilPrices slip below $87 as US inventory drops, with Brent crude down 0.3% and WTI crude falling 0.5%. Traders take profits after recent gains, while demand concerns rise due to increased US unemployment and German industrial orders falling unexpectedly. However, weaker economic data may lead to interest rate cuts by the #FederalReserve, potentially supporting oil markets. UBS predicts Brent crude to reach $90/barrel this quarter, citing OPEC+ cuts and projected inventory declines....
#newstr #BrentCrude #UsInventoryDrop #OilPrices
https://here.news/story/80409bb8?ver=0.96
===============
#80409bb8 ver:0.96
#OilPrices slip below $87 as US inventory drops, with Brent crude down 0.3% and WTI crude falling 0.5%. Traders take profits after recent gains, while demand concerns rise due to increased US unemployment and German industrial orders falling unexpectedly. However, weaker economic data may lead to interest rate cuts by the #FederalReserve, potentially supporting oil markets. UBS predicts Brent crude to reach $90/barrel this quarter, citing OPEC+ cuts and projected inventory declines....
#newstr #BrentCrude #UsInventoryDrop #OilPrices
https://here.news/story/80409bb8?ver=0.96