Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: WTI Crude Oil Prices Decline on Uncertainties Surrounding Oil Demand =============== ...

WTI Crude Oil Prices Decline on Uncertainties Surrounding Oil Demand
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#12d86ea3 ver:2.07

Crude oil prices declined last week due to weak US jobs data and concerns about the timing of a Federal Reserve interest rate cut. Brent crude futures fell by 0.85% to $82.96 a barrel and US WTI crude futures dropped by 1.06% to $78.11 a barrel. The decline was attributed to weaker-than-expected US jobs data and concerns about the timing of a Federal Reserve interest rate cut. The ongoing Israel-Hamas war and the production policies of OPEC countries have also influenced the prices. #OilPrices #USJobsData #FederalReserve #OPEC...

#newstr #Wti #CrudeOil #OilDemand #UsFederalReserve #InterestRates #China #Ppi #Iraq #Opec

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