OPEC+ Meeting Delayed as Uncertainty Surrounds Oil Prices in Asia on Nostr: Oil market gains on decline in US crude inventories =============== #80409bb8 ver:0.9 ...
Oil market gains on decline in US crude inventories
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#80409bb8 ver:0.9
Oil prices slip as weak US economic data raises concerns about lower demand, with Brent crude futures down 0.55% to $86.86 per barrel and US West Texas Intermediate crude futures falling 0.62% to $83.36 per barrel. Weakening US labor market indicators and a slowdown in the US services sector activity contribute to lower demand expectations. However, potential rate cuts by the Federal Reserve may support oil demand. US crude and fuel stockpiles fell more than expected in the week ending June 28. #OilPrices #USDemand #EconomicData...
#newstr #OilMarket #UsCrudeInventories #ChineseManufacturingActivityData #PcePriceIndex #Hurricanes #UsEconomicData
https://here.news/story/80409bb8?ver=0.9
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#80409bb8 ver:0.9
Oil prices slip as weak US economic data raises concerns about lower demand, with Brent crude futures down 0.55% to $86.86 per barrel and US West Texas Intermediate crude futures falling 0.62% to $83.36 per barrel. Weakening US labor market indicators and a slowdown in the US services sector activity contribute to lower demand expectations. However, potential rate cuts by the Federal Reserve may support oil demand. US crude and fuel stockpiles fell more than expected in the week ending June 28. #OilPrices #USDemand #EconomicData...
#newstr #OilMarket #UsCrudeInventories #ChineseManufacturingActivityData #PcePriceIndex #Hurricanes #UsEconomicData
https://here.news/story/80409bb8?ver=0.9