Oil Prices Rise on Softer U.S. Inflation and Summer Demand Hopes
===============
#909cfb47 ver:1.37
Oil prices rise on softer US inflation and summer demand hopes, with Brent crude futures up 7% and WTI crude futures up 9% in the past four weeks. Strong summer demand in the US, geopolitical tensions in the Middle East, and a drawdown in inventories contribute to the increase. However, there are signs of less-than-expected demand growth in Asia and indications of subsiding inflation and contracting US manufacturing activity. Investors are closely watching for potential interest rate cuts by the Federal Reserve. #OilPrices #SummerDemand #Inflation #GeopoliticalTensions #InterestRates...
#newstr #OilPrices #UsInflation #SummerDemand #InterestRateCuts #GeopoliticalTensions #MiddleEastConflicts #UsDollar #FederalReserve #AsiaDemand #UsManufacturingActivity #BrentCrudeFutures #WtiCrudeFutures #OilInventories #TravelDemand #FuelDemand #ChinaDemand #EconomicRecovery
https://here.news/story/909cfb47?ver=1.37
Oil Prices Fall on US Inventory Build and Inflation Concerns /
npub10d…d2x8t
2024-07-12 06:00:36
Author Public Key
npub10dspwp24mlmxkzu42yxysu5ppwmt9swrrzh6kx4dz4wy7q3zaugq0d2x8tPublished at
2024-07-12 06:00:36Event JSON
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"content": "Oil Prices Rise on Softer U.S. Inflation and Summer Demand Hopes\n===============\t\n#909cfb47 ver:1.37\n\nOil prices rise on softer US inflation and summer demand hopes, with Brent crude futures up 7% and WTI crude futures up 9% in the past four weeks. Strong summer demand in the US, geopolitical tensions in the Middle East, and a drawdown in inventories contribute to the increase. However, there are signs of less-than-expected demand growth in Asia and indications of subsiding inflation and contracting US manufacturing activity. Investors are closely watching for potential interest rate cuts by the Federal Reserve. #OilPrices #SummerDemand #Inflation #GeopoliticalTensions #InterestRates...\n\n#newstr #OilPrices #UsInflation #SummerDemand #InterestRateCuts #GeopoliticalTensions #MiddleEastConflicts #UsDollar #FederalReserve #AsiaDemand #UsManufacturingActivity #BrentCrudeFutures #WtiCrudeFutures #OilInventories #TravelDemand #FuelDemand #ChinaDemand #EconomicRecovery \n\n https://here.news/story/909cfb47?ver=1.37",
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