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2024-05-16 15:00:31

Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil prices rise on positive US economic data and demand outlook =============== ...

Oil prices rise on positive US economic data and demand outlook
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#909cfb47 ver:0.58

Oil prices rise on positive US economic data and demand outlook, driven by softer US inflation and larger-than-expected draw in inventories. Brent crude futures up 0.5% to $83.17 per barrel, WTI crude futures up 0.5% to $78.57 per barrel. Optimism over China stimulus and potential supply disruptions from Canada wildfires also contribute. #OilPrices #USData #DemandOutlook...

#newstr #OilPrices #UsEconomicData #BrentCrudeFutures #WestTexasIntermediateCrude #LaborMarket #Inflation #RateCut #CrudeOilInventories #GasolineInventories #DistillateInventories

https://here.news/story/909cfb47?ver=0.58
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