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Oil Prices Fall on US Inventory Build and Inflation Concerns /
npub10ds…2x8t
2024-06-29 00:05:43

Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil prices fluctuate due to weak US fuel demand and profit-taking =============== ...

Oil prices fluctuate due to weak US fuel demand and profit-taking
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#909cfb47 ver:1.22

Oil prices fluctuate due to weak US fuel demand and profit-taking. Brent crude remains above $85 per barrel, while WTI hovers near $81 per barrel. Rising US crude inventories and weak fuel demand contribute to the volatility. Geopolitical tensions in Yemen and Russia may impact prices. The market structure indicates strong current demand, but caution remains before the release of inflation data. The fate of the oil market depends on stockpiles, refining activities, and geopolitical developments. #OilPrices #FuelDemand #Geopolitics...

#newstr #OilPrices #UsCrudeInventories #TighteningMarket #GeopoliticalTensions #UsDemand #InventoryBuild #UsEconomicData #UsDollar #Inflation #InterestRates #FuelConsumption #MiddleEastTensions #UsFederalReserve #Profittaking

https://here.news/story/909cfb47?ver=1.22
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