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2024-05-17 11:01:00

Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Oil prices rise on positive US demand outlook and potential rate cuts =============== ...

Oil prices rise on positive US demand outlook and potential rate cuts
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#909cfb47 ver:0.65

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

#newstr #OilPrices #UsDemand #RateCuts #BrentCrude #WtiCrude #UnemploymentBenefits #InterestRates #UsConsumerPrices #Iea #Opec #UsCrudeInventories

https://here.news/story/909cfb47?ver=0.65
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