Oil prices rise on inventory drawdown outlook and Middle East risks
===============
#909cfb47 ver:1.11
Despite a surprise increase in U.S. stockpiles, oil prices rose in Asian trade due to Middle East risks and expectations of a future inventory drawdown. Brent crude futures increased 0.5% to $85.41 a barrel, while U.S. West Texas Intermediate crude futures gained 0.5% to $81.26 per barrel. Geopolitical tensions and conflict in the Middle East, along with forecasts of peak demand in Q3, contributed to the rise. #OilPrices #MiddleEastRisks #InventoryDrawdown...
#newstr #Oil #InventoryDrawdown #MiddleEast #GeopoliticalRisks
https://here.news/story/909cfb47?ver=1.11
Oil Prices Fall on US Inventory Build and Inflation Concerns /
npub10d…d2x8t
2024-06-26 06:05:37
Author Public Key
npub10dspwp24mlmxkzu42yxysu5ppwmt9swrrzh6kx4dz4wy7q3zaugq0d2x8tPublished at
2024-06-26 06:05:37Event JSON
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"content": "Oil prices rise on inventory drawdown outlook and Middle East risks\n===============\t\n#909cfb47 ver:1.11\n\nDespite a surprise increase in U.S. stockpiles, oil prices rose in Asian trade due to Middle East risks and expectations of a future inventory drawdown. Brent crude futures increased 0.5% to $85.41 a barrel, while U.S. West Texas Intermediate crude futures gained 0.5% to $81.26 per barrel. Geopolitical tensions and conflict in the Middle East, along with forecasts of peak demand in Q3, contributed to the rise. #OilPrices #MiddleEastRisks #InventoryDrawdown...\n\n#newstr #Oil #InventoryDrawdown #MiddleEast #GeopoliticalRisks \n\n https://here.news/story/909cfb47?ver=1.11",
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