Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil Prices Rise Amid Rate Cut Cheer and Summer Demand Hopes =============== #909cfb47 ...
Oil Prices Rise Amid Rate Cut Cheer and Summer Demand Hopes
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#909cfb47 ver:1.35
Oil prices rise as summer demand in the US picks up and there are hopes for interest rate cuts by the Federal Reserve. Brent crude futures have increased by 7% in the past four weeks, while WTI crude futures have climbed by 9%. Geopolitical tensions in the Middle East and a drawdown in inventories have also contributed to the rise. However, there are signs of less-than-expected demand growth in Asia and indications of subsiding inflation and contracting US manufacturing activity. #OilPrices #SummerDemand #InterestRateCuts #GeopoliticalTensions...
#newstr #OilPrices #RateCuts #SummerDemand #BrentOilFutures #WestTexasIntermediateCrudeFutures #IsraelhamasCeasefire #Profittaking #FuelDemand #China
https://here.news/story/909cfb47?ver=1.35
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#909cfb47 ver:1.35
Oil prices rise as summer demand in the US picks up and there are hopes for interest rate cuts by the Federal Reserve. Brent crude futures have increased by 7% in the past four weeks, while WTI crude futures have climbed by 9%. Geopolitical tensions in the Middle East and a drawdown in inventories have also contributed to the rise. However, there are signs of less-than-expected demand growth in Asia and indications of subsiding inflation and contracting US manufacturing activity. #OilPrices #SummerDemand #InterestRateCuts #GeopoliticalTensions...
#newstr #OilPrices #RateCuts #SummerDemand #BrentOilFutures #WestTexasIntermediateCrudeFutures #IsraelhamasCeasefire #Profittaking #FuelDemand #China
https://here.news/story/909cfb47?ver=1.35